Arabian Contracting Services Co (SAU:4071) Accounts Payable & Accrued Expense : ﷼70 Mil (As of Mar. 2024)

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What is Arabian Contracting Services Co Accounts Payable & Accrued Expense?

Arabian Contracting Services Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼7 Mil) to Dec. 2023 (﷼108 Mil) but then declined from Dec. 2023 (﷼108 Mil) to Mar. 2024 (﷼70 Mil).

Arabian Contracting Services Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼20 Mil) to Dec. 2022 (﷼64 Mil) and increased from Dec. 2022 (﷼64 Mil) to Dec. 2023 (﷼108 Mil).

Arabian Contracting Services Co Accounts Payable & Accrued Expense Historical Data

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

Arabian Contracting Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

24.56

19.91

64.32

107.63

Arabian Contracting Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									7.32	6.67	7.44	107.63	69.91

Arabian Contracting Services 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 Contracting Services Co (SAU:4071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Arabian Contracting Services Co (SAU:4071) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544

Website

https://www.al-arabia.com

Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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