Air Arabia PJSC (DFM:AIRARABIA) Accounts Payable & Accrued Expense : د.إ2,028 Mil (As of Dec. 2023)

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What is Air Arabia PJSC Accounts Payable & Accrued Expense?

Air Arabia PJSC's quarterly accounts payable & accrued expense increased from Jun. 2023 (د.إ2,700 Mil) to Sep. 2023 (د.إ2,814 Mil) but then declined from Sep. 2023 (د.إ2,814 Mil) to Dec. 2023 (د.إ2,028 Mil).

Air Arabia PJSC's annual accounts payable & accrued expense increased from Dec. 2021 (د.إ1,273 Mil) to Dec. 2022 (د.إ1,758 Mil) and increased from Dec. 2022 (د.إ1,758 Mil) to Dec. 2023 (د.إ2,028 Mil).

Air Arabia PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Air Arabia PJSC'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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Air Arabia PJSC Accounts Payable & Accrued Expense Chart

Air Arabia PJSC Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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947.12

1,017.50

1,273.08

1,758.11

2,027.50

Air Arabia PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,758.11	3,189.88	2,700.13	2,814.32	2,027.50

Air Arabia PJSC 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.

Air Arabia PJSC (DFM:AIRARABIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Arabia PJSC (DFM:AIRARABIA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 132, Sharjah, ARE

Website

https://www.airarabia.com

Air Arabia PJSC is a group of airlines and companies offering travel and tourism services around the world. It consists of a handful of international hubs located in North Africa and the Middle East. Additionally, it provides ground handling and MRO (maintenance, repair, and overhaul), flight simulators and training, and hospitality services. Flight destinations are spread across North Africa, the Middle East, Asia, and Europe.

Air Arabia PJSC (DFM:AIRARABIA) Headlines

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