Mayar Holding Co (SAU:9568) Accounts Payable & Accrued Expense : ﷼98.8 Mil (As of Dec. 2023)

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What is Mayar Holding Co Accounts Payable & Accrued Expense?

Mayar Holding Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (﷼85.8 Mil) to Jun. 2023 (﷼105.0 Mil) but then declined from Jun. 2023 (﷼105.0 Mil) to Dec. 2023 (﷼98.8 Mil).

Mayar Holding Co's annual accounts payable & accrued expense increased from . 20 (﷼0.0 Mil) to Dec. 2022 (﷼85.8 Mil) and increased from Dec. 2022 (﷼85.8 Mil) to Dec. 2023 (﷼98.8 Mil).

Mayar Holding Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mayar Holding 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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Mayar Holding Co Accounts Payable & Accrued Expense Chart

Mayar Holding Co Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

85.76

98.77

Mayar Holding Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	-	85.76	104.97	98.77

Mayar Holding 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.

Mayar Holding Co (SAU:9568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mayar Holding Co (SAU:9568) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

KSA Riyadh Olaya Street, PO Box 55024, Taya Commercial Center, Riyadh, SAU, 11534

Website

https://www.mayar.com.sa

Mayar Holding Co is a Saudi Arabia-based company. It engaged in managing subsidiaries of holding companies owning real estate and movables necessary for holding companies, providing loans, guarantees, and financing for subsidiaries of holding companies, and owning and leasing industrial property rights to subsidiaries of holding companies. It has three reportable segments Elevators and escalators segment, Feed and agriculture, and Plastic segment. The majority of its revenue comes from Feed and agriculture segment which produces compound feed for Poultry, Cattle, Poultry distribution, and sale.

Mayar Holding Co (SAU:9568) Headlines

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