Al Rajhi Bank (SAU:1120) Accounts Payable & Accrued Expense : ﷼0 Mil (As of Mar. 2024)

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What is Al Rajhi Bank Accounts Payable & Accrued Expense?

Al Rajhi Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼0 Mil) to Dec. 2023 (﷼14,445 Mil) but then declined from Dec. 2023 (﷼14,445 Mil) to Mar. 2024 (﷼0 Mil).

Al Rajhi Bank's annual accounts payable & accrued expense increased from Dec. 2021 (﷼13,707 Mil) to Dec. 2022 (﷼14,408 Mil) and increased from Dec. 2022 (﷼14,408 Mil) to Dec. 2023 (﷼14,445 Mil).

Al Rajhi Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Rajhi Bank'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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Al Rajhi Bank Accounts Payable & Accrued Expense Chart

Al Rajhi Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,852.58

8,130.45

13,707.13

14,408.10

14,444.60

Al Rajhi Bank 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															-	-	-	14,444.60	-

Al Rajhi Bank 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.

Al Rajhi Bank (SAU:1120) Business Description

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Address

8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743

Website

https://www.alrajhibank.com.sa

Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; Corporate segment that incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.

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