Al Ramz Investment and Development Company (DFM:ALRAMZ) Accounts Payable & Accrued Expense : د.إ331.7 Mil (As of Dec. 2023)

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What is Al Ramz Investment and Development Company Accounts Payable & Accrued Expense?

Al Ramz Investment and Development Company's quarterly accounts payable & accrued expense increased from Jun. 2023 (د.إ323.9 Mil) to Sep. 2023 (د.إ330.2 Mil) and increased from Sep. 2023 (د.إ330.2 Mil) to Dec. 2023 (د.إ331.7 Mil).

Al Ramz Investment and Development Company's annual accounts payable & accrued expense declined from Dec. 2021 (د.إ349.0 Mil) to Dec. 2022 (د.إ214.2 Mil) but then increased from Dec. 2022 (د.إ214.2 Mil) to Dec. 2023 (د.إ331.7 Mil).

Al Ramz Investment and Development Company Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Ramz Investment and Development Company'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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Al Ramz Investment and Development Company Accounts Payable & Accrued Expense Chart

Al Ramz Investment and Development Company Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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152.52

228.29

349.00

214.23

331.72

Al Ramz Investment and Development Company 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															214.23	345.94	323.91	330.19	331.72

Al Ramz Investment and Development Company 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.

Al Ramz Investment and Development Company (DFM:ALRAMZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ramz Corporation Investment and Development Company (DFM:ALRAMZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Rolex tower - 9th Floor, Dubai, ARE

Website

https://www.alramz.ae

Al Ramz Corporation Investment and Development Company is a financial institution providing a variety of services including asset management, corporate finance, lending, market making, liquidity providing, and research. The main activities of the company and its subsidiaries are to invest and manage commercial, industrial, and agricultural enterprises and to provide brokerage services including brokerage in selling and buying shares, margin trading, market making, and liquidity providing, and to perform all related transactions and activities.

Al Ramz Investment and Development Company (DFM:ALRAMZ) Headlines

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