Ciments du Maroc (CAS:CMA) Accounts Payable & Accrued Expense : MAD965 Mil (As of Dec. 2023)

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What is Ciments du Maroc Accounts Payable & Accrued Expense?

Ciments du Maroc's quarterly accounts payable & accrued expense increased from Dec. 2022 (MAD976 Mil) to Jun. 2023 (MAD1,948 Mil) but then declined from Jun. 2023 (MAD1,948 Mil) to Dec. 2023 (MAD965 Mil).

Ciments du Maroc's annual accounts payable & accrued expense declined from Dec. 2021 (MAD1,254 Mil) to Dec. 2022 (MAD976 Mil) and declined from Dec. 2022 (MAD976 Mil) to Dec. 2023 (MAD965 Mil).

Ciments du Maroc Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ciments du Maroc'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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Ciments du Maroc Accounts Payable & Accrued Expense Chart

Ciments du Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,056.73

1,047.12

1,254.41

975.81

964.53

Ciments du Maroc Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,254.41	2,495.16	975.81	1,947.55	964.53

Ciments du Maroc 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.

Ciments du Maroc (CAS:CMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ciments du Maroc SA (CAS:CMA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

621. Boulevard Panoramique, Casablanca, MAR, 20150

Website

http://www.cimentsdumaroc.com

Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.