Al-Jouf Agriculture Development Co (SAU:6070) Accounts Payable & Accrued Expense : ﷼111.6 Mil (As of Mar. 2024)

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What is Al-Jouf Agriculture Development Co Accounts Payable & Accrued Expense?

Al-Jouf Agriculture Development Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼115.9 Mil) to Dec. 2023 (﷼69.7 Mil) but then increased from Dec. 2023 (﷼69.7 Mil) to Mar. 2024 (﷼111.6 Mil).

Al-Jouf Agriculture Development Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼51.6 Mil) to Dec. 2022 (﷼52.1 Mil) and increased from Dec. 2022 (﷼52.1 Mil) to Dec. 2023 (﷼69.7 Mil).

Al-Jouf Agriculture Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al-Jouf Agriculture Development 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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Al-Jouf Agriculture Development Co Accounts Payable & Accrued Expense Chart

Al-Jouf Agriculture Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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26.13

51.87

51.58

52.14

69.65

Al-Jouf Agriculture Development 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															116.67	109.31	115.88	69.65	111.59

Al-Jouf Agriculture Development 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.

Al-Jouf Agriculture Development Co (SAU:6070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Al-Jouf Agriculture Development Co (SAU:6070) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Aljaouf Province, Buseta Center, P.O. Box 321, Sakakah, SAU

Website

https://www.aljouf.com.sa

Al-Jouf Agriculture Development Co is engaged in the production and sale of agricultural products in Saudi Arabia. The company's products include corns, potatoes, forage and fodder crops, watermelons, wheat, onions, barley, and maize; olives and olive oil products; fruits, such as dates, plums, peaches, apricots, grapes, and pears; honey products; and vegetables, including tomatoes, peppers, squashes, cucumbers, and eggplants, as well as operates nurseries to produce seedlings of fruits and olive trees.

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