GFH Financial Group BSC (BAH:GFH) Accounts Payable & Accrued Expense : $380.8 Mil (As of Mar. 2024)

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What is GFH Financial Group BSC Accounts Payable & Accrued Expense?

GFH Financial Group BSC's quarterly accounts payable & accrued expense increased from Sep. 2023 ($457.8 Mil) to Dec. 2023 ($460.4 Mil) but then declined from Dec. 2023 ($460.4 Mil) to Mar. 2024 ($380.8 Mil).

GFH Financial Group BSC's annual accounts payable & accrued expense increased from Dec. 2021 ($159.6 Mil) to Dec. 2022 ($290.4 Mil) and increased from Dec. 2022 ($290.4 Mil) to Dec. 2023 ($460.4 Mil).

GFH Financial Group BSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for GFH Financial Group BSC'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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GFH Financial Group BSC Accounts Payable & Accrued Expense Chart

GFH Financial Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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212.54

175.35

159.58

290.40

460.41

GFH Financial Group BSC 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															-	502.05	457.84	460.41	380.77

GFH Financial Group BSC 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.

GFH Financial Group BSC (BAH:GFH) Business Description

Industry

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Traded in Other Exchanges

GFH:Kuwait GFH:United Arab Emirates GFH:United Arab Emirates

Address

Block 346, Road 4626, Building 1398, East Tower, P.O. Box 10006, Office 2901, 29th Floor, Bahrain Financial Harbour, Manama, BHR

Website

https://www.gfh.com

GFH Financial Group BSC is an Islamic wholesale investment bank. The firm is organized into three operating segments Investment Banking, Commercial Banking and Proprietary and treasury. Substantial revenue is generated from Proprietary and Treasury operations. The Group has primary operations in Bahrain. The investment banking segment focuses on private equity and asset management activities, Commercial Banking includes all sharia compliant corporate banking and retail banking activities of the Group provided through the Group's subsidiary, Proprietary and treasury includes all common costs and activities that are undertaken at the Group level, including treasury and residual proprietary and co-investment assets.

GFH Financial Group BSC (BAH:GFH) Headlines

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