Arabian Cement Co (CAI:ARCC) Accounts Payable & Accrued Expense : E£2,053 Mil (As of Mar. 2024)

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What is Arabian Cement Co Accounts Payable & Accrued Expense?

Arabian Cement Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (E£1,105 Mil) to Dec. 2023 (E£1,431 Mil) and increased from Dec. 2023 (E£1,431 Mil) to Mar. 2024 (E£2,053 Mil).

Arabian Cement Co's annual accounts payable & accrued expense increased from Dec. 2021 (E£774 Mil) to Dec. 2022 (E£1,298 Mil) and increased from Dec. 2022 (E£1,298 Mil) to Dec. 2023 (E£1,431 Mil).

Arabian Cement Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arabian Cement 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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Arabian Cement Co Accounts Payable & Accrued Expense Chart

Arabian Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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797.61

773.58

1,298.20

1,430.79

Arabian Cement Co 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															1,065.63	1,235.69	1,104.91	1,430.79	2,053.12

Arabian Cement 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.

Arabian Cement Co (CAI:ARCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Arabian Cement Co (CAI:ARCC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Gamal Abdel Naser Square (Gharb Arabella), Fifth Settlement Arabella Plaza, 5th Floor, Office Building (A), New Cairo, EGY, 11835

Website

http://www.arabiancement.com

Arabian Cement Co is engaged in the business of manufacturing and selling clinker, cement, and other related products and usage of mines and extraction of all mining materials required to produce construction materials and road transportation of all the company's products. The company sells its products in Egypt and exports it to other countries, of which key revenue is derived within Egypt. Its products include Clinker, Cement and Concrete. Some of its brands are Al Mosalah and Al Nasr. It also offers delivery services through Express Wassal.