Emaar the Economic City JSC (SAU:4220) Accounts Payable & Accrued Expense : ﷼416 Mil (As of Dec. 2023)

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What is Emaar the Economic City JSC Accounts Payable & Accrued Expense?

Emaar the Economic City JSC's quarterly accounts payable & accrued expense declined from Jun. 2023 (﷼1,877 Mil) to Sep. 2023 (﷼1,653 Mil) and declined from Sep. 2023 (﷼1,653 Mil) to Dec. 2023 (﷼416 Mil).

Emaar the Economic City JSC's annual accounts payable & accrued expense declined from Dec. 2021 (﷼671 Mil) to Dec. 2022 (﷼453 Mil) and declined from Dec. 2022 (﷼453 Mil) to Dec. 2023 (﷼416 Mil).

Emaar the Economic City JSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Emaar the Economic City JSC'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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Emaar the Economic City JSC Accounts Payable & Accrued Expense Chart

Emaar the Economic City JSC Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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688.19

2,186.26

670.79

452.97

415.83

Emaar the Economic City JSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															452.97	2,101.44	1,877.48	1,652.58	415.83

Emaar the Economic City JSC 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.

Emaar the Economic City JSC (SAU:4220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar the Economic City JSC (SAU:4220) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Abdullah Economic City, Rabigh, SAU

Website

https://www.kaec.net

Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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