Arabian Internet and Communications Services Co (SAU:7202) Accounts Payable & Accrued Expense : ﷼3,304 Mil (As of Mar. 2024)

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What is Arabian Internet and Communications Services Co Accounts Payable & Accrued Expense?

Arabian Internet and Communications Services Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼3,019 Mil) to Dec. 2023 (﷼1,205 Mil) but then increased from Dec. 2023 (﷼1,205 Mil) to Mar. 2024 (﷼3,304 Mil).

Arabian Internet and Communications Services Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼591 Mil) to Dec. 2022 (﷼1,222 Mil) but then declined from Dec. 2022 (﷼1,222 Mil) to Dec. 2023 (﷼1,205 Mil).

Arabian Internet and Communications Services Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arabian Internet and Communications 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 Internet and Communications Services Co Accounts Payable & Accrued Expense Chart

Arabian Internet and Communications Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

821.16

591.42

1,221.93

1,204.86

Arabian Internet and Communications 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									2,900.62	2,794.97	3,019.04	1,204.86	3,304.43

Arabian Internet and Communications 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 Internet and Communications Services Co (SAU:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Arabian Internet and Communications Services Co (SAU:7202) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Street, P.O. Box 50, Riyadh, SAU, 11372

Website

https://www.solutions.com.sa

Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

Arabian Internet and Communications Services Co (SAU:7202) Headlines

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