Saudi Ceramic Co (SAU:2040) Accounts Payable & Accrued Expense : ﷼318 Mil (As of Dec. 2023)

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What is Saudi Ceramic Co Accounts Payable & Accrued Expense?

Saudi Ceramic Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (﷼403 Mil) to Sep. 2023 (﷼419 Mil) but then declined from Sep. 2023 (﷼419 Mil) to Dec. 2023 (﷼318 Mil).

Saudi Ceramic Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼228 Mil) to Dec. 2022 (﷼304 Mil) and increased from Dec. 2022 (﷼304 Mil) to Dec. 2023 (﷼318 Mil).

Saudi Ceramic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Ceramic 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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Saudi Ceramic Co Accounts Payable & Accrued Expense Chart

Saudi Ceramic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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221.72

209.91

227.96

303.89

317.55

Saudi Ceramic Co 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															303.89	389.25	403.20	419.06	317.55

Saudi Ceramic 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.

Saudi Ceramic Co (SAU:2040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saudi Ceramic Co (SAU:2040) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481

Website

https://www.saudiceramics.com

Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also into import of related machinery, equipment, and other accessories. It has three reporting segments; the Ceramic tiles and sanitary ware segment is into the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items, the Water heaters segment is into the manufacturing and distribution of electric water heaters, and the Ceramic pipes segment is into the manufacturing and distribution of clay pipes for sanitary ware and sewage networks.

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