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Union Coop (DFM:UNIONCOOP) Accounts Payable & Accrued Expense : د.إ730 Mil (As of Mar. 2025)


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What is Union Coop Accounts Payable & Accrued Expense?

Union Coop's quarterly accounts payable & accrued expense increased from Sep. 2024 (د.إ365 Mil) to Dec. 2024 (د.إ375 Mil) and increased from Dec. 2024 (د.إ375 Mil) to Mar. 2025 (د.إ730 Mil).

Union Coop's annual accounts payable & accrued expense declined from Dec. 2022 (د.إ319 Mil) to Dec. 2023 (د.إ305 Mil) but then increased from Dec. 2023 (د.إ305 Mil) to Dec. 2024 (د.إ375 Mil).


Union Coop Accounts Payable & Accrued Expense Historical Data

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

Union Coop Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
438.75 410.58 318.55 305.40 375.22

Union Coop Quarterly Data
Dec20 Dec21 Dec22 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 - 412.17 364.78 375.22 729.90

Union Coop 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.


Union Coop Business Description

Traded in Other Exchanges
N/A
Address
The Tripoli Street, Al Warqa - 3, Dubai, ARE
Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, Al Nahda and Motor City. The company has also launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping. The company has three business segments that include retail, e-commerce, and investment segment. It earns the majority of its revenue from the retail segment.

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