Borouge (ADX:BOROUGE) Accounts Payable & Accrued Expense : د.إ5,905 Mil (As of Mar. 2024)

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What is Borouge Accounts Payable & Accrued Expense?

Borouge's quarterly accounts payable & accrued expense declined from Sep. 2023 (د.إ3,518 Mil) to Dec. 2023 (د.إ2,441 Mil) but then increased from Dec. 2023 (د.إ2,441 Mil) to Mar. 2024 (د.إ5,905 Mil).

Borouge's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ0 Mil) to Dec. 2022 (د.إ2,762 Mil) but then declined from Dec. 2022 (د.إ2,762 Mil) to Dec. 2023 (د.إ2,441 Mil).

Borouge Accounts Payable & Accrued Expense Historical Data

The historical data trend for Borouge'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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Borouge Accounts Payable & Accrued Expense Chart

Borouge Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2,762.14

2,440.74

Borouge Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				3,481.83	2,966.84	3,518.04	2,440.74	5,905.05

Borouge 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.

Borouge (ADX:BOROUGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borouge Plc (ADX:BOROUGE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE

Website

https://www.borouge.com

Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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