Ades Holding Co (SAU:2382) Accounts Payable & Accrued Expense : ﷼1,452 Mil (As of Mar. 2024)

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What is Ades Holding Co Accounts Payable & Accrued Expense?

Ades Holding Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (﷼0 Mil) to Dec. 2023 (﷼1,245 Mil) and increased from Dec. 2023 (﷼1,245 Mil) to Mar. 2024 (﷼1,452 Mil).

Ades Holding Co's annual accounts payable & accrued expense stayed the same from . 20 (﷼0 Mil) to . 20 (﷼0 Mil) but then increased from . 20 (﷼0 Mil) to Dec. 2023 (﷼1,245 Mil).

Ades Holding Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ades Holding 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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Ades Holding Co Accounts Payable & Accrued Expense Chart

Ades Holding Co Annual Data

Trend

Dec23

Accounts Payable & Accrued Expense

1,244.84

Ades Holding Co Quarterly Data
	Mar23	Dec23	Mar24
Accounts Payable & Accrued Expense	-	1,244.84	1,451.79

Ades Holding 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.

Ades Holding Co (SAU:2382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co (SAU:2382) Headlines

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