Intercure (XTAE:INCR) Accounts Payable & Accrued Expense : ₪144.1 Mil (As of Jun. 2023)

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What is Intercure Accounts Payable & Accrued Expense?

Intercure's quarterly accounts payable & accrued expense declined from Dec. 2022 (₪157.9 Mil) to Mar. 2023 (₪148.8 Mil) and declined from Mar. 2023 (₪148.8 Mil) to Jun. 2023 (₪144.1 Mil).

Intercure's annual accounts payable & accrued expense increased from Dec. 2021 (₪85.5 Mil) to Dec. 2022 (₪157.9 Mil) but then declined from Dec. 2022 (₪157.9 Mil) to Dec. 2023 (₪124.9 Mil).

Intercure Accounts Payable & Accrued Expense Historical Data

The historical data trend for Intercure'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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Intercure Accounts Payable & Accrued Expense Chart

Intercure Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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8.79

26.16

85.46

157.91

124.87

Intercure Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															135.47	157.91	148.78	144.13	124.87

Intercure 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.

Intercure (XTAE:INCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Intercure Ltd (XTAE:INCR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

INCR:USA

Address

85 Medinat ha-Yehudim Street, Herzliya, ISR, 4676670

Website

https://www.intercure.co

Intercure Ltd is engaged in the research, cultivation, production, and distribution of pharma-grade cannabis-based products. The products are distributed to hospitals, pharmacies, research, and government organizations.