Abdullah Al Othaim Markets Co (SAU:4001) Accounts Payable & Accrued Expense : ﷼2,509 Mil (As of Mar. 2024)

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What is Abdullah Al Othaim Markets Co Accounts Payable & Accrued Expense?

Abdullah Al Othaim Markets Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼1,896 Mil) to Dec. 2023 (﷼2,061 Mil) and increased from Dec. 2023 (﷼2,061 Mil) to Mar. 2024 (﷼2,509 Mil).

Abdullah Al Othaim Markets Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼1,794 Mil) to Dec. 2022 (﷼2,074 Mil) but then declined from Dec. 2022 (﷼2,074 Mil) to Dec. 2023 (﷼2,061 Mil).

Abdullah Al Othaim Markets Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abdullah Al Othaim Markets 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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Abdullah Al Othaim Markets Co Accounts Payable & Accrued Expense Chart

Abdullah Al Othaim Markets Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,547.60

1,649.31

1,793.88

2,073.59

2,061.37

Abdullah Al Othaim Markets 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															2,501.35	1,891.82	1,895.66	2,061.37	2,508.76

Abdullah Al Othaim Markets 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.

Abdullah Al Othaim Markets Co (SAU:4001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Abdullah Al Othaim Markets Co (SAU:4001) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Arabia Rabwah Eastern Ring Road, P.O. Box 41700, Riyadh, SAU, 11531

Website

https://www.othaimmarkets.com

Abdullah Al Othaim Markets Co is engaged in the wholesale and retail trade of food, fish, meat, agricultural products, livestock and household items. It is also involved in establishing, managing, operating and maintaining supermarkets, commercial complexes, and bakeries, providing cooked and uncooked catering services, and managing training and educational centers, in addition to acquiring lands to construct buildings for lease or sale for the interest of the company. It operates in the segments of Retail and whole trading of food supplies, in addition to Leasing commercial centers for the purpose of investment for the interest of the company through sale or leasing. It operates in the Kingdom of Saudi Arabia and Egypt and derives key revenue from Retail and wholesale activities.

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