Swvl Holdings (Swvl Holdings) Accounts Payable & Accrued Expense : $8.57 Mil (As of Dec. 2023)

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What is Swvl Holdings Accounts Payable & Accrued Expense?

Swvl Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($32.61 Mil) to Jun. 2023 ($14.76 Mil) and declined from Jun. 2023 ($14.76 Mil) to Dec. 2023 ($8.57 Mil).

Swvl Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($16.68 Mil) to Dec. 2022 ($32.61 Mil) but then declined from Dec. 2022 ($32.61 Mil) to Dec. 2023 ($8.57 Mil).

Swvl Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swvl Holdings'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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Swvl Holdings Accounts Payable & Accrued Expense Chart

Swvl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4.52

2.73

16.68

32.61

8.57

Swvl Holdings Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						42.77	36.99	32.61	14.76	8.57

Swvl Holdings 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.

Swvl Holdings (Swvl Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE

Website

https://www.swvl.com

Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.