AlSaif Stores for Development and Investment Co (SAU:4192) Accounts Payable & Accrued Expense : ﷼34.6 Mil (As of Mar. 2024)

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What is AlSaif Stores for Development and Investment Co Accounts Payable & Accrued Expense?

AlSaif Stores for Development and Investment Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼78.7 Mil) to Dec. 2023 (﷼60.9 Mil) and declined from Dec. 2023 (﷼60.9 Mil) to Mar. 2024 (﷼34.6 Mil).

AlSaif Stores for Development and Investment Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼34.3 Mil) to Dec. 2022 (﷼86.5 Mil) but then declined from Dec. 2022 (﷼86.5 Mil) to Dec. 2023 (﷼60.9 Mil).

AlSaif Stores for Development and Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for AlSaif Stores for Development and Investment 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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AlSaif Stores for Development and Investment Co Accounts Payable & Accrued Expense Chart

AlSaif Stores for Development and Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

34.32

86.48

60.88

AlSaif Stores for Development and Investment Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					101.61	70.67	78.68	60.88	34.63

AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment Co (SAU:4192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » AlSaif Stores for Development and Investment Co (SAU:4192) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626

Website

https://www.alsaifgallery.com

AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

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