Saudi Kayan Petrochemical Co (SAU:2350) Accounts Payable & Accrued Expense : ﷼1,670 Mil (As of Mar. 2024)

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What is Saudi Kayan Petrochemical Co Accounts Payable & Accrued Expense?

Saudi Kayan Petrochemical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼1,602 Mil) to Dec. 2023 (﷼1,607 Mil) and increased from Dec. 2023 (﷼1,607 Mil) to Mar. 2024 (﷼1,670 Mil).

Saudi Kayan Petrochemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼950 Mil) to Dec. 2022 (﷼1,105 Mil) and increased from Dec. 2022 (﷼1,105 Mil) to Dec. 2023 (﷼1,607 Mil).

Saudi Kayan Petrochemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Kayan Petrochemical 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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Saudi Kayan Petrochemical Co Accounts Payable & Accrued Expense Chart

Saudi Kayan Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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472.29

741.35

950.40

1,104.73

1,606.83

Saudi Kayan Petrochemical 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															1,437.72	1,558.77	1,602.04	1,606.83	1,669.73

Saudi Kayan Petrochemical 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.

Saudi Kayan Petrochemical Co (SAU:2350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Kayan Petrochemical Co (SAU:2350) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

P.O. Box 10302, Al Jubail Industrial City, Al-Jubail, SAU, 31961

Website

https://www.saudikayan.com

Saudi Kayan Petrochemical Co is engaged in manufacturing a wide range of petrochemicals products. Its product portfolio consists of polypropylene, propylene, acetone, polyethylene, ethoxylate, ethylene, ethylene glycol, bisphenol, ethanolamine, industrial fatty alcohol, polycarbonate and other petrochemical products.

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