Parkin Co (DFM:PARKIN) Accounts Payable & Accrued Expense : د.إ457.3 Mil (As of Mar. 2024)

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What is Parkin Co Accounts Payable & Accrued Expense?

Parkin Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (د.إ0.0 Mil) to Dec. 2023 (د.إ380.9 Mil) and increased from Dec. 2023 (د.إ380.9 Mil) to Mar. 2024 (د.إ457.3 Mil).

Parkin Co's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ64.5 Mil) to Dec. 2022 (د.إ90.0 Mil) and increased from Dec. 2022 (د.إ90.0 Mil) to Dec. 2023 (د.إ380.9 Mil).

Parkin Co Accounts Payable & Accrued Expense Historical Data

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

Parkin Co Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

64.50

90.04

380.92

Parkin Co Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Accounts Payable & Accrued Expense	64.50	90.04	-	380.92	457.28

Parkin 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.

Parkin Co (DFM:PARKIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkin Co (DFM:PARKIN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE

Website

https://www.parkin.ae

Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

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