Advanced Technology Co KSCC (KUW:ATC) Accounts Payable & Accrued Expense : KWD28.0 Mil (As of Mar. 2024)

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What is Advanced Technology Co KSCC Accounts Payable & Accrued Expense?

Advanced Technology Co KSCC's quarterly accounts payable & accrued expense declined from Sep. 2023 (KWD37.3 Mil) to Dec. 2023 (KWD36.6 Mil) and declined from Dec. 2023 (KWD36.6 Mil) to Mar. 2024 (KWD28.0 Mil).

Advanced Technology Co KSCC's annual accounts payable & accrued expense increased from Dec. 2021 (KWD17.1 Mil) to Dec. 2022 (KWD24.3 Mil) and increased from Dec. 2022 (KWD24.3 Mil) to Dec. 2023 (KWD36.6 Mil).

Advanced Technology Co KSCC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Technology Co KSCC'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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Advanced Technology Co KSCC Accounts Payable & Accrued Expense Chart

Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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21.85

34.89

17.11

24.31

36.60

Advanced Technology Co KSCC 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															27.28	36.91	37.32	36.60	28.02

Advanced Technology Co KSCC 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.

Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.