Arab Aluminium Industry (AMM:AALU) Accounts Payable & Accrued Expense : JOD1.57 Mil (As of Mar. 2024)

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What is Arab Aluminium Industry Accounts Payable & Accrued Expense?

Arab Aluminium Industry's quarterly accounts payable & accrued expense increased from Sep. 2023 (JOD0.90 Mil) to Dec. 2023 (JOD2.36 Mil) but then declined from Dec. 2023 (JOD2.36 Mil) to Mar. 2024 (JOD1.57 Mil).

Arab Aluminium Industry's annual accounts payable & accrued expense declined from Dec. 2021 (JOD2.74 Mil) to Dec. 2022 (JOD1.90 Mil) but then increased from Dec. 2022 (JOD1.90 Mil) to Dec. 2023 (JOD2.36 Mil).

Arab Aluminium Industry Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arab Aluminium Industry'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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Arab Aluminium Industry Accounts Payable & Accrued Expense Chart

Arab Aluminium Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.96

2.59

2.74

1.90

2.36

Arab Aluminium Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.76	0.68	0.90	2.36	1.57

Arab Aluminium Industry 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.

Arab Aluminium Industry (AMM:AALU) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Ain El-Basha, P. O. Box 35042, Amman, JOR, 11180

Website

https://www.aralaluminum.com

Arab Aluminium Industry is engaged in producing all kinds of aluminum. The company manufactures aluminum, extrusion, cutting and pulling profiles, and manufacture raw materials for aluminum. Its products include a Sliding system, Curtain wall and shutters, Hinges system, and curtains. The company conducts operations in the Kingdom, representing local operations.

Arab Aluminium Industry (AMM:AALU) Headlines

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