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MBC Group Co (SAU:4072) Accounts Payable & Accrued Expense : ﷼623 Mil (As of Mar. 2024)


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What is MBC Group Co Accounts Payable & Accrued Expense?

MBC Group Co's quarterly accounts payable & accrued expense stayed the same from . 20 (﷼0 Mil) to . 20 (﷼0 Mil) but then increased from . 20 (﷼0 Mil) to Mar. 2024 (﷼623 Mil).

MBC Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for MBC Group 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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MBC Group Co Accounts Payable & Accrued Expense Chart

MBC Group Co Annual Data
Trend
Accounts Payable & Accrued Expense

MBC Group Co Quarterly Data
Mar24
Accounts Payable & Accrued Expense 622.60

MBC Group 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.

MBC Group Co (SAU:4072) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MBC Group Co (SAU:4072) » Definitions » Accounts Payable & Accrued Expense
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MBC Group Co is a media company in the middle East and north africa having principal activities consisting of information, communication, education, arts, entertainment and recreation. It has has continued to grow its presence and audience reach in the MENA region where it broadcasts 13 FTA TV channels and owns Shahid, the leading over-the-top video streaming platform in the MENA region in terms of subscribers.

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