ADNOC Logistics & Services (ADX:ADNOCLS) Accounts Payable & Accrued Expense : د.إ3,144 Mil (As of Dec. 2023)

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What is ADNOC Logistics & Services Accounts Payable & Accrued Expense?

ADNOC Logistics & Services's quarterly accounts payable & accrued expense increased from Dec. 2021 (د.إ1,397 Mil) to Dec. 2022 (د.إ1,857 Mil) and increased from Dec. 2022 (د.إ1,857 Mil) to Dec. 2023 (د.إ3,144 Mil).

ADNOC Logistics & Services's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ1,397 Mil) to Dec. 2022 (د.إ1,857 Mil) and increased from Dec. 2022 (د.إ1,857 Mil) to Dec. 2023 (د.إ3,144 Mil).

ADNOC Logistics & Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for ADNOC Logistics & 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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ADNOC Logistics & Services Accounts Payable & Accrued Expense Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1,396.52

1,857.26

3,144.22

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	1,396.52	1,857.26	3,144.22

ADNOC Logistics & 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.

ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

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