Auto Nejma (CAS:NEJ) Accounts Payable & Accrued Expense : MAD369 Mil (As of Dec. 2023)

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What is Auto Nejma Accounts Payable & Accrued Expense?

Auto Nejma's quarterly accounts payable & accrued expense declined from Dec. 2022 (MAD411 Mil) to Jun. 2023 (MAD389 Mil) and declined from Jun. 2023 (MAD389 Mil) to Dec. 2023 (MAD369 Mil).

Auto Nejma's annual accounts payable & accrued expense declined from Dec. 2021 (MAD421 Mil) to Dec. 2022 (MAD411 Mil) and declined from Dec. 2022 (MAD411 Mil) to Dec. 2023 (MAD369 Mil).

Auto Nejma Accounts Payable & Accrued Expense Historical Data

The historical data trend for Auto Nejma'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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Auto Nejma Accounts Payable & Accrued Expense Chart

Auto Nejma Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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540.33

759.50

420.85

410.57

369.04

Auto Nejma 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															420.85	311.25	410.57	388.80	369.04

Auto Nejma 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.

Auto Nejma (CAS:NEJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Auto Nejma (CAS:NEJ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Km 10, El Jadida Road, Casablanca, MAR, 20230

Website

http://www.autonejma.ma

Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong and Mahindra in Morocco.

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