Saudi Arabian Mining Co (SAU:1211) Accounts Payable & Accrued Expense : ﷼4,998 Mil (As of Dec. 2023)

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What is Saudi Arabian Mining Co Accounts Payable & Accrued Expense?

Saudi Arabian Mining Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (﷼5,286 Mil) to Sep. 2023 (﷼5,055 Mil) and declined from Sep. 2023 (﷼5,055 Mil) to Dec. 2023 (﷼4,998 Mil).

Saudi Arabian Mining Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼3,986 Mil) to Dec. 2022 (﷼5,007 Mil) but then declined from Dec. 2022 (﷼5,007 Mil) to Dec. 2023 (﷼4,998 Mil).

Saudi Arabian Mining Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Arabian Mining 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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Saudi Arabian Mining Co Accounts Payable & Accrued Expense Chart

Saudi Arabian Mining Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,538.28

4,234.44

3,985.71

5,006.60

4,997.81

Saudi Arabian Mining Co 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															5,006.60	6,289.56	5,285.83	5,055.03	4,997.81

Saudi Arabian Mining 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.

Saudi Arabian Mining Co (SAU:1211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Arabian Mining Co (SAU:1211) » Definitions » Accounts Payable & Accrued Expense

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Address

Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537

Website

https://www.maaden.com.sa

Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

Saudi Arabian Mining Co (SAU:1211) Headlines

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