Almarai Co (SAU:2280) Accounts Payable & Accrued Expense : ﷼4,938 Mil (As of Mar. 2024)

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What is Almarai Co Accounts Payable & Accrued Expense?

Almarai Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼4,261 Mil) to Dec. 2023 (﷼2,271 Mil) but then increased from Dec. 2023 (﷼2,271 Mil) to Mar. 2024 (﷼4,938 Mil).

Almarai Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼2,268 Mil) to Dec. 2022 (﷼1,718 Mil) but then increased from Dec. 2022 (﷼1,718 Mil) to Dec. 2023 (﷼2,271 Mil).

Almarai Co Accounts Payable & Accrued Expense Historical Data

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

Almarai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,271.26

2,023.35

2,268.06

1,717.98

2,271.39

Almarai 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															4,319.55	4,869.77	4,261.21	2,271.39	4,937.75

Almarai 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.

Almarai Co (SAU:2280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Almarai Co (SAU:2280) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exit 7, North Ring Road, P.O. Box 8524, Al Izdihar District, Riyadh, SAU, 11492

Website

https://www.almarai.com

Almarai Co is a manufacturer and distributor of quality and nutritious food and beverages. The company's product portfolio consists of dairy products along with juices, bakery, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, Bakery, Poultry, and Other activities. The majority of the revenue is derived from the sale of the dairy and Juice segment. Majority of its revenue is generated from Saudi Arabia.

Almarai Co (SAU:2280) Headlines

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