Advanced Petrochemical Co (SAU:2330) Accounts Payable & Accrued Expense : ﷼316 Mil (As of Mar. 2024)

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What is Advanced Petrochemical Co Accounts Payable & Accrued Expense?

Advanced Petrochemical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼137 Mil) to Dec. 2023 (﷼316 Mil) but then declined from Dec. 2023 (﷼316 Mil) to Mar. 2024 (﷼316 Mil).

Advanced Petrochemical Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼336 Mil) to Dec. 2022 (﷼148 Mil) but then increased from Dec. 2022 (﷼148 Mil) to Dec. 2023 (﷼316 Mil).

Advanced Petrochemical Co Accounts Payable & Accrued Expense Historical Data

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

Advanced Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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93.44

148.73

335.83

148.46

316.24

Advanced 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															292.74	125.71	136.90	316.24	315.56

Advanced 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.

Advanced Petrochemical Co (SAU:2330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Advanced Petrochemical Co (SAU:2330) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Jubail Industrial, P.O.Box 11022, Jubail, SAU, 31961

Website

https://www.advancedpetrochem.com

Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects including petrochemical, chemical, basic and conversion industries and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods including personal care products, fresh food packaging, lightweight plastics and various others.

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