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Saudi Electricity Co (SAU:5110) Accounts Payable & Accrued Expense : ﷼8,043 Mil (As of Dec. 2023)


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What is Saudi Electricity Co Accounts Payable & Accrued Expense?

Saudi Electricity Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (﷼10,998 Mil) to Sep. 2023 (﷼5,920 Mil) but then increased from Sep. 2023 (﷼5,920 Mil) to Dec. 2023 (﷼8,043 Mil).

Saudi Electricity Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼9,301 Mil) to Dec. 2022 (﷼4,691 Mil) but then increased from Dec. 2022 (﷼4,691 Mil) to Dec. 2023 (﷼8,043 Mil).


Saudi Electricity Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Electricity 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 Electricity Co Accounts Payable & Accrued Expense Chart

Saudi Electricity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116,259.85 15,423.48 9,301.30 4,691.29 8,043.36

Saudi Electricity Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,691.29 2,967.92 10,998.25 5,919.79 8,043.36

Saudi Electricity 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 Electricity Co (SAU:5110) Business Description

Traded in Other Exchanges
N/A
Address
Crossing of Al-Olaya Street, Rihana Bint Zaid Street, P. O. Box 22955, Al-Arid district, Riyadh, SAU, 11416
Saudi Electricity Co is principally engaged in the generation, transmission, and distribution of electrical power and customer service activities. The company provides its services to governmental, industrial, agricultural, commercial, and residential sectors. Saudi Electricity operates through three segments namely Generation segment which is involved in the generation and provision of electric power; Transmission segment which is engaged in the transmission of electrical power from generation stations using transmission network, to the distribution network and operation and maintenance of electricity transmission system; and Distribution and Subscriber services segment which includes receipt of electric power from the transmission network and distribution to the company's customers.

Saudi Electricity Co (SAU:5110) Headlines

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