Combined Group Contracting K C (KUW:CGC) Accounts Payable & Accrued Expense : KWD91.0 Mil (As of Mar. 2024)

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What is Combined Group Contracting K C Accounts Payable & Accrued Expense?

Combined Group Contracting K C's quarterly accounts payable & accrued expense increased from Sep. 2023 (KWD89.4 Mil) to Dec. 2023 (KWD93.1 Mil) but then declined from Dec. 2023 (KWD93.1 Mil) to Mar. 2024 (KWD91.0 Mil).

Combined Group Contracting K C's annual accounts payable & accrued expense increased from Dec. 2021 (KWD88.1 Mil) to Dec. 2022 (KWD88.3 Mil) and increased from Dec. 2022 (KWD88.3 Mil) to Dec. 2023 (KWD93.1 Mil).

Combined Group Contracting K C Accounts Payable & Accrued Expense Historical Data

The historical data trend for Combined Group Contracting K C's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Combined Group Contracting K C Accounts Payable & Accrued Expense Chart

Combined Group Contracting K C Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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145.67

95.28

88.07

88.33

93.07

Combined Group Contracting K C Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															88.98	85.51	89.45	93.07	91.05

Combined Group Contracting K C Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Combined Group Contracting K C (KUW:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Combined Group Contracting SA K C (KUW:CGC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049

Website

https://www.cgc-kw.com

Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.