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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Accounts Payable & Accrued Expense : د.إ45.2 Mil (As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC Accounts Payable & Accrued Expense?

Al Seer Marine Supplies & Equipment PJSC's quarterly accounts payable & accrued expense increased from . 20 (د.إ0.0 Mil) to Dec. 2020 (د.إ173.7 Mil) but then declined from Dec. 2020 (د.إ173.7 Mil) to Dec. 2021 (د.إ45.2 Mil).

Al Seer Marine Supplies & Equipment PJSC's annual accounts payable & accrued expense increased from . 20 (د.إ0.0 Mil) to Dec. 2020 (د.إ173.7 Mil) but then declined from Dec. 2020 (د.إ173.7 Mil) to Dec. 2021 (د.إ45.2 Mil).


Al Seer Marine Supplies & Equipment PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment 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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Al Seer Marine Supplies & Equipment PJSC Accounts Payable & Accrued Expense Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
Accounts Payable & Accrued Expense
173.70 45.17

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
Accounts Payable & Accrued Expense 173.70 45.17

Al Seer Marine Supplies & Equipment 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.


Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.