ALDREES Petroleum & Transport Services Co (SAU:4200) Accounts Payable & Accrued Expense : ﷼1,585 Mil (As of Mar. 2024)

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What is ALDREES Petroleum & Transport Services Co Accounts Payable & Accrued Expense?

ALDREES Petroleum & Transport Services Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼1,406 Mil) to Dec. 2023 (﷼1,413 Mil) and increased from Dec. 2023 (﷼1,413 Mil) to Mar. 2024 (﷼1,585 Mil).

ALDREES Petroleum & Transport Services Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼918 Mil) to Dec. 2022 (﷼1,192 Mil) and increased from Dec. 2022 (﷼1,192 Mil) to Dec. 2023 (﷼1,413 Mil).

ALDREES Petroleum & Transport Services Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for ALDREES Petroleum & Transport 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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ALDREES Petroleum & Transport Services Co Accounts Payable & Accrued Expense Chart

ALDREES Petroleum & Transport Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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228.22

507.42

918.11

1,191.52

1,413.42

ALDREES Petroleum & Transport 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															1,263.38	2,416.15	1,406.19	1,413.42	1,585.49

ALDREES Petroleum & Transport 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.

ALDREES Petroleum & Transport Services Co (SAU:4200) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 609, Riyadh, SAU, 11421

Website

https://www.aldrees.com

ALDREES Petroleum & Transport Services Co provides petroleum and transport services. It is engaged in the wholesale and retail of fuel, gasoline, oil, and lubricants in the Kingdom of Saudi Arabia. The company has two reportable segments namely Petroleum Services and Transport Services. The company generates maximum revenue from the Petroleum Services segment. It operates fuel stations and also provides various services such as additives, car wash, tire servicing, alignment, accessories, ATMs, car rental, and prepaid fuel cards.

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