Sonasid (CAS:SID) Accounts Payable & Accrued Expense : MAD2,847 Mil (As of Dec. 2024)

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What is Sonasid Accounts Payable & Accrued Expense?

Sonasid's quarterly accounts payable & accrued expense declined from Dec. 2023 (MAD2,526 Mil) to Jun. 2024 (MAD2,498 Mil) but then increased from Jun. 2024 (MAD2,498 Mil) to Dec. 2024 (MAD2,847 Mil).

Sonasid's annual accounts payable & accrued expense increased from Dec. 2022 (MAD2,007 Mil) to Dec. 2023 (MAD2,526 Mil) and increased from Dec. 2023 (MAD2,526 Mil) to Dec. 2024 (MAD2,847 Mil).

Sonasid Accounts Payable & Accrued Expense Historical Data

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

Sonasid Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,351.63

1,389.20

2,006.74

2,525.54

2,847.23

Sonasid Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,006.74	2,518.19	2,525.54	2,498.49	2,847.23

Sonasid 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.

Sonasid Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sonasid SA (CAS:SID) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Twin Center, Tower A 18th floor, Angle Bd Zerktouni and Massira El Khadra, Casablanca, MAR

Website

http://www.sonasid.ma

Sonasid SA is the manufacturer of steel products. Principally, it is engaged in the production of concrete and wire rod in Morocco. The company offers its products and services in the area of real estate projects and infrastructure industries.