TECOM Group PJSC (DFM:TECOM) Accounts Payable & Accrued Expense : د.إ467 Mil (As of Mar. 2025)

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What is TECOM Group PJSC Accounts Payable & Accrued Expense?

TECOM Group PJSC's quarterly accounts payable & accrued expense declined from Sep. 2024 (د.إ1,078 Mil) to Dec. 2024 (د.إ459 Mil) but then increased from Dec. 2024 (د.إ459 Mil) to Mar. 2025 (د.إ467 Mil).

TECOM Group PJSC's annual accounts payable & accrued expense declined from Dec. 2022 (د.إ614 Mil) to Dec. 2023 (د.إ409 Mil) but then increased from Dec. 2023 (د.إ409 Mil) to Dec. 2024 (د.إ459 Mil).

TECOM Group PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for TECOM Group 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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TECOM Group PJSC Accounts Payable & Accrued Expense Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2,595.57

1,246.93

613.73

408.77

459.16

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	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													1,284.29	898.46	1,077.72	459.16	467.09

TECOM Group 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.

TECOM Group PJSC Business Description

Industry

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Traded in Other Exchanges

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Address

Commercial Building No. 1, Umm Suqeim, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's commercial and industrial landscape and reaffirming its status as a hub for investment and business, and the sustained growth of its broader economy. The company divides its operations into four financial segments, namely commercial leasing, industrial leasing, land leasing, services, and others.

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