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Al Ramz Investment and Development Co (DFM:ALRAMZ) Accounts Payable & Accrued Expense : د.إ477.6 Mil (As of Mar. 2025)


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

Al Ramz Investment and Development Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (د.إ442.0 Mil) to Dec. 2024 (د.إ432.2 Mil) but then increased from Dec. 2024 (د.إ432.2 Mil) to Mar. 2025 (د.إ477.6 Mil).

Al Ramz Investment and Development Co's annual accounts payable & accrued expense increased from Dec. 2022 (د.إ214.2 Mil) to Dec. 2023 (د.إ331.7 Mil) and increased from Dec. 2023 (د.إ331.7 Mil) to Dec. 2024 (د.إ432.2 Mil).


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

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

Al Ramz Investment and Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.29 349.00 214.23 331.72 432.21

Al Ramz Investment and Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 242.80 226.87 442.03 432.21 477.61

Al Ramz Investment and Development Co 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 Co Business Description

Traded in Other Exchanges
N/A
Address
Sheikh zayed road, Rolex tower, Level 9, P.O.Box 121200, Dubai, ARE
Al Ramz Corporation Investment and Development Co is a financial institution providing a variety of services including asset management, corporate finance, brokerage, 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 Co Headlines

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