Molan Steel Co (SAU:9553) Accounts Payable & Accrued Expense : ﷼1.03 Mil (As of Jun. 2024)

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What is Molan Steel Co Accounts Payable & Accrued Expense?

Molan Steel Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼1.62 Mil) but then declined from Dec. 2023 (﷼1.62 Mil) to Jun. 2024 (﷼1.03 Mil).

Molan Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼0.50 Mil) to Dec. 2022 (﷼1.44 Mil) and increased from Dec. 2022 (﷼1.44 Mil) to Dec. 2023 (﷼1.62 Mil).

Molan Steel Co Accounts Payable & Accrued Expense Historical Data

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

Molan Steel Co Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.50

1.44

1.62

Molan Steel Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	1.44	-	1.62	1.03

Molan 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.

Molan Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Molan Steel Co (SAU:9553) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Eastern Ring Road Exit No 16, Palladium Center Complex PO Box 7090, AlFarouq District, Riyadh, SAU, 14323

Website

https://molansteel.com

Molan Steel Co is engaged in supply and sale of iron products represented in iron tins of all kinds, iron bridges of all kinds, and iron angles.

Molan Steel Co Headlines

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