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TECOM Group PJSC (DFM:TECOM) Accounts Payable & Accrued Expense : د.إ1,284 Mil (As of Mar. 2024)


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What is TECOM Group PJSC Accounts Payable & Accrued Expense?

TECOM Group PJSC's quarterly accounts payable & accrued expense increased from Sep. 2023 (د.إ201 Mil) to Dec. 2023 (د.إ409 Mil) and increased from Dec. 2023 (د.إ409 Mil) to Mar. 2024 (د.إ1,284 Mil).

TECOM Group PJSC's annual accounts payable & accrued expense declined from Dec. 2021 (د.إ1,247 Mil) to Dec. 2022 (د.إ614 Mil) and declined from Dec. 2022 (د.إ614 Mil) to Dec. 2023 (د.إ409 Mil).


TECOM Group PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for TECOM Group PJSC'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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TECOM Group PJSC Accounts Payable & Accrued Expense Chart

TECOM Group PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
2,630.59 2,595.57 1,246.93 613.73 408.77

TECOM Group PJSC Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 389.61 145.93 201.18 408.77 1,284.29

TECOM Group PJSC 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.


TECOM Group PJSC (DFM:TECOM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE
TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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