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Al Ansari Financial Services (DFM:ALANSARI) Accounts Payable & Accrued Expense : د.إ1,189 Mil (As of Mar. 2024)


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What is Al Ansari Financial Services Accounts Payable & Accrued Expense?

Al Ansari Financial Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (د.إ817 Mil) to Dec. 2023 (د.إ759 Mil) but then increased from Dec. 2023 (د.إ759 Mil) to Mar. 2024 (د.إ1,189 Mil).

Al Ansari Financial Services's annual accounts payable & accrued expense declined from Dec. 2021 (د.إ737 Mil) to Dec. 2022 (د.إ639 Mil) but then increased from Dec. 2022 (د.إ639 Mil) to Dec. 2023 (د.إ759 Mil).


Al Ansari Financial Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services Accounts Payable & Accrued Expense Chart

Al Ansari Financial Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
531.52 719.61 736.53 639.10 759.03

Al Ansari Financial Services Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 971.37 816.62 759.03 1,189.50

Al Ansari Financial Services 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.


Al Ansari Financial Services (DFM:ALANSARI) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE
Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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