Gulf Cement Co PSC (ADX:GCEM) Accounts Payable & Accrued Expense : د.إ288.8 Mil (As of Mar. 2025)

View and export this data going back to 2002. Start your Free Trial

What is Gulf Cement Co PSC Accounts Payable & Accrued Expense?

Gulf Cement Co PSC's quarterly accounts payable & accrued expense declined from Sep. 2024 (د.إ293.4 Mil) to Dec. 2024 (د.إ287.3 Mil) but then increased from Dec. 2024 (د.إ287.3 Mil) to Mar. 2025 (د.إ288.8 Mil).

Gulf Cement Co PSC's annual accounts payable & accrued expense increased from Dec. 2022 (د.إ139.1 Mil) to Dec. 2023 (د.إ215.6 Mil) and increased from Dec. 2023 (د.إ215.6 Mil) to Dec. 2024 (د.إ287.3 Mil).

Gulf Cement Co PSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Cement Co PSC'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.

* Premium members only.

Gulf Cement Co PSC Accounts Payable & Accrued Expense Chart

Gulf Cement Co PSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

127.62

190.63

139.15

215.61

287.30

Gulf Cement Co PSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															250.79	254.46	293.35	287.30	288.77

Gulf Cement Co PSC 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.

Gulf Cement Co PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Gulf Cement Co PSC (ADX:GCEM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 5295, Ras Al Khaimah, ARE

Website

https://gulfcement.ae

Gulf Cement Co PSC operates as a cement producer that serves customers located in the UAE, and Arab Gulf Zone. Its product offerings include a variety of cements such as Sulphate Resisting Portland Cement, Ordinary Portland Cement, Moderate Sulphate Resisting Portland Cement, and Ground Granulated Blast Furnace Slag, among others. The company has two operating segments including Manufacturing of all types of cements, and Investments in marketable equity securities, deposits with banks, and investment properties. A majority of its revenue is generated from the Manufacturing segment. Geographically, the company dervies maximum revenue from its business within the United Arab Emirates (UAE).

Gulf Cement Co PSC Headlines

No Headlines