Gulf Hotels Group BSC (BAH:GHG) Accounts Payable & Accrued Expense : BHD1.51 Mil (As of Mar. 2024)

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What is Gulf Hotels Group BSC Accounts Payable & Accrued Expense?

Gulf Hotels Group BSC's quarterly accounts payable & accrued expense increased from Sep. 2023 (BHD1.64 Mil) to Dec. 2023 (BHD2.74 Mil) but then declined from Dec. 2023 (BHD2.74 Mil) to Mar. 2024 (BHD1.51 Mil).

Gulf Hotels Group BSC's annual accounts payable & accrued expense increased from Dec. 2021 (BHD4.33 Mil) to Dec. 2022 (BHD4.82 Mil) but then declined from Dec. 2022 (BHD4.82 Mil) to Dec. 2023 (BHD2.74 Mil).

Gulf Hotels Group BSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Hotels 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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Gulf Hotels Group BSC Accounts Payable & Accrued Expense Chart

Gulf Hotels Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.78

4.25

4.33

4.82

2.74

Gulf Hotels 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															2.53	2.35	1.64	2.74	1.51

Gulf Hotels 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.

Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gulf Hotels Group BSC (BAH:GHG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.