Sharjah Cement & Industrial Development Co (ADX:SCIDC) Accounts Payable & Accrued Expense : د.إ157.2 Mil (As of Dec. 2024)

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What is Sharjah Cement & Industrial Development Co Accounts Payable & Accrued Expense?

Sharjah Cement & Industrial Development Co's quarterly accounts payable & accrued expense declined from Jun. 2024 (د.إ149.1 Mil) to Sep. 2024 (د.إ149.0 Mil) but then increased from Sep. 2024 (د.إ149.0 Mil) to Dec. 2024 (د.إ157.2 Mil).

Sharjah Cement & Industrial Development Co's annual accounts payable & accrued expense declined from Dec. 2022 (د.إ134.7 Mil) to Dec. 2023 (د.إ97.2 Mil) but then increased from Dec. 2023 (د.إ97.2 Mil) to Dec. 2024 (د.إ157.2 Mil).

Sharjah Cement & Industrial Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sharjah Cement & Industrial Development Co'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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Sharjah Cement & Industrial Development Co Accounts Payable & Accrued Expense Chart

Sharjah Cement & Industrial Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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69.27

68.30

134.67

97.23

157.16

Sharjah Cement & Industrial Development Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															97.23	141.59	149.09	149.05	157.16

Sharjah Cement & Industrial Development Co 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.

Sharjah Cement & Industrial Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sharjah Cement & Industrial Development Co (ADX:SCIDC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Bank Street, Al Hisn Tower, P.O. Box No. 2083, 14th Floor, Sharjah, ARE

Website

https://www.sharjahcement.com

Sharjah Cement & Industrial Development Co is engaged in the manufacturing and supply of cement, paper sacks, and plastic ropes. The company invests its surplus funds in investment securities, private equities, and properties. The company operates from Sharjah, United Arab Emirates, and sells its products within the UAE and many other countries, including the Middle East, Africa, and Asia. The company reportable segments of the company are the Manufacturing segment, which includes cement, paper sacks, and ropes products and the Investment segment includes investment and cash management for the company's account. It derives maximum revenue from Manufacturing Segment.

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