ELM Co (SAU:7203) Accounts Payable & Accrued Expense : ﷼2,615 Mil (As of Mar. 2024)

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What is ELM Co Accounts Payable & Accrued Expense?

ELM Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼1,951 Mil) to Dec. 2023 (﷼2,172 Mil) and increased from Dec. 2023 (﷼2,172 Mil) to Mar. 2024 (﷼2,615 Mil).

ELM Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼806 Mil) to Dec. 2022 (﷼1,309 Mil) and increased from Dec. 2022 (﷼1,309 Mil) to Dec. 2023 (﷼2,172 Mil).

ELM Co Accounts Payable & Accrued Expense Historical Data

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

ELM Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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179.59

447.66

806.34

1,309.29

2,171.71

ELM Co Quarterly Data
	Dec17	Dec18	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															1,692.10	1,571.89	1,951.33	2,171.71	2,614.85

ELM Co 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.

ELM Co (SAU:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ELM Co (SAU:7203) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Al Thaghr, Al Nakheel Dis Digital City, 6614, Unit No 2, Riyadh, SAU, 12382-4182

Website

https://www.elm.sa

ELM Co is engaged in providing ready-made and customized digital solutions in many areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and suffice business requirements. The services offered by the company include Consulting, Data Analysis, and Technical solutions. The segments are Digital Business, Business Process Outsourcing, and Professional Services, out of which the majority are from the Digital Business segment.

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