Saudi Ground Services Co (SAU:4031) Accounts Payable & Accrued Expense : ﷼153 Mil (As of Mar. 2024)

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What is Saudi Ground Services Co Accounts Payable & Accrued Expense?

Saudi Ground Services Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼125 Mil) to Dec. 2023 (﷼231 Mil) but then declined from Dec. 2023 (﷼231 Mil) to Mar. 2024 (﷼153 Mil).

Saudi Ground Services Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼231 Mil) to Dec. 2022 (﷼235 Mil) but then declined from Dec. 2022 (﷼235 Mil) to Dec. 2023 (﷼231 Mil).

Saudi Ground Services Co Accounts Payable & Accrued Expense Historical Data

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

Saudi Ground Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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226.99

238.42

231.43

235.28

230.94

Saudi Ground Services 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															102.97	74.31	124.97	230.94	153.36

Saudi Ground Services 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 Ground Services Co (SAU:4031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saudi Ground Services Co (SAU:4031) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

King Abdul Aziz Road, Al Yasamin Commercial Center, P.O.Box:48154, Al-Basatin district, Jeddah, SAU, 21572

Website

https://www.saudiags.com

Saudi Ground Services Co provides ground management services to airline customers. The company is engaged in providing aircraft cleaning, passenger handling, fuel, baggage, and ground handling services to Saudi Arabian Airlines as well as other local and foreign airlines.

Saudi Ground Services Co (SAU:4031) Headlines

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