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Electrical Industries Co (SAU:1303) Accounts Payable & Accrued Expense : ﷼302 Mil (As of Mar. 2024)


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What is Electrical Industries Co Accounts Payable & Accrued Expense?

Electrical Industries Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼391 Mil) to Dec. 2023 (﷼197 Mil) but then increased from Dec. 2023 (﷼197 Mil) to Mar. 2024 (﷼302 Mil).

Electrical Industries Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼141 Mil) to Dec. 2022 (﷼176 Mil) and increased from Dec. 2022 (﷼176 Mil) to Dec. 2023 (﷼197 Mil).


Electrical Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Electrical Industries 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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Electrical Industries Co Accounts Payable & Accrued Expense Chart

Electrical Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.29 96.23 141.20 175.90 196.54

Electrical Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 175.20 192.31 390.75 196.54 302.39

Electrical Industries 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.


Electrical Industries Co (SAU:1303) Business Description

Traded in Other Exchanges
N/A
Address
First Industrial City of Dammam, P.O. Box 6033, Dammam, SAU, 31442
Electrical Industries Co is engaged in producing electrical products and equipment. The company operates in two reportable segments namely Manufacturing, assembly and supply of various types of electrical equipment; and Provision of technical services. Its product portfolio includes Transformers, Cable Management System, Low, Medium and High Voltage Equipment, and Industrial Services.

Electrical Industries Co (SAU:1303) Headlines

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