Multiply Group PJSC (ADX:MULTIPLY) Accounts Payable & Accrued Expense : د.إ963 Mil (As of Dec. 2023)

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What is Multiply Group PJSC Accounts Payable & Accrued Expense?

Multiply Group PJSC's quarterly accounts payable & accrued expense declined from Jun. 2023 (د.إ1,003 Mil) to Sep. 2023 (د.إ220 Mil) but then increased from Sep. 2023 (د.إ220 Mil) to Dec. 2023 (د.إ963 Mil).

Multiply Group PJSC's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ82 Mil) to Dec. 2022 (د.إ1,597 Mil) but then declined from Dec. 2022 (د.إ1,597 Mil) to Dec. 2023 (د.إ963 Mil).

Multiply Group PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Multiply Group 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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Multiply Group PJSC Accounts Payable & Accrued Expense Chart

Multiply Group PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.30

2.61

81.98

1,596.56

963.15

Multiply Group PJSC Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											1,596.56	141.58	1,003.15	219.50	963.15

Multiply Group 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.

Multiply Group PJSC (ADX:MULTIPLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Multiply Group PJSC (ADX:MULTIPLY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Marina Square, Level 19, Tamouh Tower, Reem Island, Abu Dhabi, ARE

Website

https://www.multiply.ae

Multiply Group PJSC is a technology-focused holding company with a presence across five industries, including communications, utilities, ventures, wellness, Driving training and Asset Management. The group's diversified portfolio strikes a balance between steady companies that generate recurring income and high-growth businesses. The company has its geographic presence in UAE and outside UAE.

Multiply Group PJSC (ADX:MULTIPLY) Headlines

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