Sahara International Petrochemical Co (SAU:2310) Accounts Payable & Accrued Expense : ﷼452 Mil (As of Mar. 2024)

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What is Sahara International Petrochemical Co Accounts Payable & Accrued Expense?

Sahara International Petrochemical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼563 Mil) to Dec. 2023 (﷼766 Mil) but then declined from Dec. 2023 (﷼766 Mil) to Mar. 2024 (﷼452 Mil).

Sahara International Petrochemical Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼998 Mil) to Dec. 2022 (﷼891 Mil) and declined from Dec. 2022 (﷼891 Mil) to Dec. 2023 (﷼766 Mil).

Sahara International Petrochemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sahara International Petrochemical 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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Sahara International Petrochemical Co Accounts Payable & Accrued Expense Chart

Sahara International Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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438.22

553.97

998.43

890.77

766.37

Sahara International Petrochemical 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															758.75	486.65	562.61	766.37	452.36

Sahara International Petrochemical 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.

Sahara International Petrochemical Co (SAU:2310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sahara International Petrochemical Co (SAU:2310) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

King Saud Road District, Sipchem Building, Al-Hada District, Al Khobar, SAU, 31952

Website

https://www.sipchem.com

Sahara International Petrochemical Co owns, operates and manages industrial projects relating to chemical and petrochemical industries. The company operating segments include Basic Chemicals, Intermediate Chemicals, Polymers, Trading and Corporate and others. It generates maximum revenue from the Trading segment. The company operates domestically and internationally. Its product portfolio consists of Methanol, Butanediol, Tetrahydrofuran, Acetic Acid, Acetic Anhydride, LDPE, EVA, Cross-Linkable LDPE, Semi Conductive LDPE, and PBT.

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