EMSTEEL Building Materials PJSC (ADX:EMSTEEL) Accounts Payable & Accrued Expense : د.إ1,588 Mil (As of Dec. 2023)

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What is EMSTEEL Building Materials PJSC Accounts Payable & Accrued Expense?

EMSTEEL Building Materials PJSC's quarterly accounts payable & accrued expense increased from Jun. 2023 (د.إ1,306 Mil) to Sep. 2023 (د.إ1,437 Mil) and increased from Sep. 2023 (د.إ1,437 Mil) to Dec. 2023 (د.إ1,588 Mil).

EMSTEEL Building Materials PJSC's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ1,247 Mil) to Dec. 2022 (د.إ1,513 Mil) and increased from Dec. 2022 (د.إ1,513 Mil) to Dec. 2023 (د.إ1,588 Mil).

EMSTEEL Building Materials PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for EMSTEEL Building Materials PJSC'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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EMSTEEL Building Materials PJSC Accounts Payable & Accrued Expense Chart

EMSTEEL Building Materials PJSC Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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452.68

317.06

1,246.71

1,512.62

1,587.75

EMSTEEL Building Materials PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,512.62	1,361.91	1,305.54	1,436.65	1,587.75

EMSTEEL Building Materials PJSC 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.

EMSTEEL Building Materials PJSC (ADX:EMSTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EMSTEEL Building Materials PJSC (ADX:EMSTEEL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

17th floor, Prestige Tower 17, PO Box 40307, near Mazyad Mall, Mohammed Bin Zayed City, ARE

Website

http://www.arkan.ae

EMSTEEL Building Materials PJSC formerly Arkan Building Materials Co (Arkan) PJSC manufactures building and construction products. Its product portfolio includes cement, concrete products, anabeeb pipes and arkan bags. The company invests in industrial and commercial projects which are involved in the building materials sector. Its segments include Steel, Cement and Blocks, Pipes and others The majority of the revenue is derived from the Steel segment.

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