Gas Arabian Services Co (SAU:9528) Accounts Payable & Accrued Expense : ﷼101.8 Mil (As of Dec. 2023)

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What is Gas Arabian Services Co Accounts Payable & Accrued Expense?

Gas Arabian Services Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (﷼89.7 Mil) to Jun. 2023 (﷼107.0 Mil) but then declined from Jun. 2023 (﷼107.0 Mil) to Dec. 2023 (﷼101.8 Mil).

Gas Arabian Services Co's annual accounts payable & accrued expense declined from Dec. 2021 (﷼103.6 Mil) to Dec. 2022 (﷼89.7 Mil) but then increased from Dec. 2022 (﷼89.7 Mil) to Dec. 2023 (﷼101.8 Mil).

Gas Arabian Services Co Accounts Payable & Accrued Expense Historical Data

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

Gas Arabian Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

103.64

89.65

101.78

Gas Arabian Services Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			103.64	81.17	89.65	106.97	101.78

Gas Arabian Services 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.

Gas Arabian Services Co (SAU:9528) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit no. 8500, Dammam, SAU, 32241-5150

Website

https://www.gasarabian.com

Gas Arabian Services Co is a total solutions provider in the fields of integrated services for oil, petrochemical, chemical & allied industries. It offers leak detection systems, automation, instrumentation, mechanical, piping, static and project management services for petrochemical, electrical, oil and gas, steel, water, and desalination industries. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

Gas Arabian Services Co (SAU:9528) Headlines

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