Rawasi Albina Investment Co (SAU:9547) Accounts Payable & Accrued Expense : ﷼10.2 Mil (As of Dec. 2024)

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What is Rawasi Albina Investment Co Accounts Payable & Accrued Expense?

Rawasi Albina Investment Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (﷼6.7 Mil) to Jun. 2024 (﷼0.0 Mil) but then increased from Jun. 2024 (﷼0.0 Mil) to Dec. 2024 (﷼10.2 Mil).

Rawasi Albina Investment Co's annual accounts payable & accrued expense declined from Dec. 2022 (﷼12.6 Mil) to Dec. 2023 (﷼6.7 Mil) but then increased from Dec. 2023 (﷼6.7 Mil) to Dec. 2024 (﷼10.2 Mil).

Rawasi Albina Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rawasi Albina Investment 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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Rawasi Albina Investment Co Accounts Payable & Accrued Expense Chart

Rawasi Albina Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

3.13

12.62

6.72

10.16

Rawasi Albina Investment Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			12.62	8.19	6.72	-	10.16

Rawasi Albina Investment 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.

Rawasi Albina Investment Co Business Description

Industry

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Traded in Other Exchanges

N/A

Address

King Fahad Road, Olaya Avenue Building 2nd Floor, Riyadh, SAU

Website

https://www.rawasialbina.com

Rawasi Albina Investment Co is a telecommunications management consulting, technology services-based company. Its services include GSM Civil New Sites, IBS Installation, FTTH, OSP, Power Project, Materials Supply, Operation & Maintenance, Telecom Implementation, and Rehabilitation Project. It provides construction and repair of roads, streets, pests and roads, construction and erection of electrical power stations and transformers, construction and erection of communication and radar stations and towers, extension of electrical wires, extension of electrical wires of communications, network extensions, installation of lighting systems, where the company's business is focused on infrastructure projects in the electricity, telecommunications and water sectors.

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