Watani Iron Steel Co (SAU:9513) Accounts Payable & Accrued Expense : ﷼37.2 Mil (As of Dec. 2024)

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What is Watani Iron Steel Co Accounts Payable & Accrued Expense?

Watani Iron Steel Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (﷼32.9 Mil) to Jun. 2024 (﷼37.3 Mil) but then declined from Jun. 2024 (﷼37.3 Mil) to Dec. 2024 (﷼37.2 Mil).

Watani Iron Steel Co's annual accounts payable & accrued expense declined from Dec. 2022 (﷼37.6 Mil) to Dec. 2023 (﷼32.9 Mil) but then increased from Dec. 2023 (﷼32.9 Mil) to Dec. 2024 (﷼37.2 Mil).

Watani Iron Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Watani Iron Steel 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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Watani Iron Steel Co Accounts Payable & Accrued Expense Chart

Watani Iron Steel Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

27.29

27.85

37.64

32.94

37.18

Watani Iron Steel Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					37.64	25.59	32.94	37.27	37.18

Watani Iron Steel 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.

Watani Iron Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Watani Iron Steel Co (SAU:9513) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Kharj Old Street, P.O. Box 355355, Al Hyt District, Riyadh, SAU, 11383

Website

https://www.wataniasteel.com

Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.

Watani Iron Steel Co Headlines

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