Saudi Automotive Services Co. (SAU:4050) Accounts Payable & Accrued Expense : ﷼933 Mil (As of Mar. 2024)

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What is Saudi Automotive Services Co. Accounts Payable & Accrued Expense?

Saudi Automotive Services Co.'s quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼856 Mil) to Dec. 2023 (﷼860 Mil) and increased from Dec. 2023 (﷼860 Mil) to Mar. 2024 (﷼933 Mil).

Saudi Automotive Services Co.'s annual accounts payable & accrued expense increased from Dec. 2021 (﷼415 Mil) to Dec. 2022 (﷼876 Mil) but then declined from Dec. 2022 (﷼876 Mil) to Dec. 2023 (﷼860 Mil).

Saudi Automotive Services Co. Accounts Payable & Accrued Expense Historical Data

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

Saudi Automotive Services Co. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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183.99

218.00

414.63

875.67

859.59

Saudi Automotive 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															845.36	822.63	855.62	859.59	932.67

Saudi Automotive 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 Automotive Services Co. (SAU:4050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Automotive Services Co. (SAU:4050) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makkah Al Mukarramah Road (Khurais), Building No. 4870, King Abdulaziz district, Riyadh, SAU, 12411

Website

https://www.sasco.com.sa

Saudi Automotive Services Co. is a company engaged in providing services to vehicles and travelers by establishing central workshops to provide the highest level of maintenance and repair and establishing a network of vehicle service stations, as well as providing rest houses and restaurants, importing and selling foodstuffs, drinks, beverages and raw materials required therefor, importing vehicles and spare parts of all kinds for the Group's business and trading in them after obtaining the necessary licenses, carrying out all types of contracting for establishment, management, maintenance and operation of residential and commercial buildings. The company operates in following segments: Retail and operation, Saudi Club, Transportation Fleet and others.

Saudi Automotive Services Co. (SAU:4050) Headlines

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