Arabian Centres Co (SAU:4321) Accounts Payable & Accrued Expense : ﷼495 Mil (As of Dec. 2022)

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What is Arabian Centres Co Accounts Payable & Accrued Expense?

Arabian Centres Co's quarterly accounts payable & accrued expense increased from Jun. 2022 (﷼448 Mil) to Sep. 2022 (﷼607 Mil) but then declined from Sep. 2022 (﷼607 Mil) to Dec. 2022 (﷼495 Mil).

Arabian Centres Co's annual accounts payable & accrued expense declined from Mar. 2019 (﷼379 Mil) to Mar. 2020 (﷼333 Mil) and declined from Mar. 2020 (﷼333 Mil) to Mar. 2021 (﷼276 Mil).

Arabian Centres Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arabian Centres 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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Arabian Centres Co Accounts Payable & Accrued Expense Chart

Arabian Centres Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Accounts Payable & Accrued Expense

690.49

379.33

332.93

276.32

Arabian Centres Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															411.82	328.92	448.45	607.04	495.40

Arabian Centres 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.

Arabian Centres Co (SAU:4321) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925

Website

https://www.arabiancentres.com

Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

Arabian Centres Co (SAU:4321) Headlines

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