Theeb Car Rental Co (SAU:4261) Accounts Payable & Accrued Expense : ﷼137 Mil (As of Mar. 2024)

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What is Theeb Car Rental Co Accounts Payable & Accrued Expense?

Theeb Car Rental Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼130 Mil) to Dec. 2023 (﷼125 Mil) but then increased from Dec. 2023 (﷼125 Mil) to Mar. 2024 (﷼137 Mil).

Theeb Car Rental Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼134 Mil) to Dec. 2022 (﷼94 Mil) but then increased from Dec. 2022 (﷼94 Mil) to Dec. 2023 (﷼125 Mil).

Theeb Car Rental Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Theeb Car Rental 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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Theeb Car Rental Co Accounts Payable & Accrued Expense Chart

Theeb Car Rental Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

73.17

134.06

93.85

124.96

Theeb Car Rental Co Quarterly Data
	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												105.59	134.11	130.47	124.96	137.39

Theeb Car Rental 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.

Theeb Car Rental Co (SAU:4261) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Theeb Car Rental Co (SAU:4261) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Ring Road, between Exit 12 and 13, P.O. Box 9551, Al Rawda District, Riyadh, SAU, 11423

Website

https://www.theebonline.com

Theeb Car Rental Co is engaged in car rental and leasing. It operates in three segments namely: Short term lease; Long term lease; and Other. Short term lease segment represents activities involving the leasing of cars to customers under short-term rental arrangements (daily and monthly). Long term lease segment represents activities involving the leasing of cars to customers under medium to longer-term operating lease arrangements. Car sales (others) represents the sales of vehicles that were previously held as a part of the lease or rental fleet. Majority of revenue is generated from Short term lease.

Theeb Car Rental Co (SAU:4261) Headlines

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