Saudi Telecom Co (SAU:7010) Accounts Payable & Accrued Expense : ﷼23,430 Mil (As of Mar. 2024)

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What is Saudi Telecom Co Accounts Payable & Accrued Expense?

Saudi Telecom Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼22,961 Mil) to Dec. 2023 (﷼8,696 Mil) but then increased from Dec. 2023 (﷼8,696 Mil) to Mar. 2024 (﷼23,430 Mil).

Saudi Telecom Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼7,565 Mil) to Dec. 2022 (﷼7,858 Mil) and increased from Dec. 2022 (﷼7,858 Mil) to Dec. 2023 (﷼8,696 Mil).

Saudi Telecom Co Accounts Payable & Accrued Expense Historical Data

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

Saudi Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,454.84

8,458.83

7,564.78

7,857.85

8,696.44

Saudi Telecom 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															22,122.38	21,155.17	22,960.63	8,696.44	23,430.20

Saudi Telecom 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 Telecom Co (SAU:7010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Saudi Telecom Co (SAU:7010) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 87912, Riyadh, SAU, 11652

Website

https://www.stc.com.sa

Saudi Telecom Co offers telecommunications, information and media services that establish, manage, operates and maintains fixed and mobile telecommunication networks and systems to customers. The company manufactures and markets devices, equipment, and components of different telecommunication networks including fixed, moving and special networks, and computer programs and the other intellectual properties. It is also engaged in real estate investment and the resulting activities, such as selling, buying, leasing, managing, developing and maintenance. The majority of the revenue is generated from Saudi Arabia.

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