Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Accounts Payable & Accrued Expense : ﷼17.7 Mil (As of Dec. 2024)

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What is Mohammed Hadi AL Rasheed & Partners Co Accounts Payable & Accrued Expense?

Mohammed Hadi AL Rasheed & Partners Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (﷼11.4 Mil) to Jun. 2024 (﷼10.9 Mil) but then increased from Jun. 2024 (﷼10.9 Mil) to Dec. 2024 (﷼17.7 Mil).

Mohammed Hadi AL Rasheed & Partners Co's annual accounts payable & accrued expense increased from Dec. 2022 (﷼9.3 Mil) to Dec. 2023 (﷼11.4 Mil) and increased from Dec. 2023 (﷼11.4 Mil) to Dec. 2024 (﷼17.7 Mil).

Mohammed Hadi AL Rasheed & Partners Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mohammed Hadi AL Rasheed & Partners 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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Mohammed Hadi AL Rasheed & Partners Co Accounts Payable & Accrued Expense Chart

Mohammed Hadi AL Rasheed & Partners Co Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

9.28

11.41

17.68

Mohammed Hadi AL Rasheed & Partners Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	9.28	-	11.41	10.93	17.68

Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Road, Building No. 2865, Granada District, Riyadh, SAU, 8137-13242

Website

https://www.alrasheedco.com.sa

Mohammed Hadi AL Rasheed & Partners Co is a company whose main activities are operating quarries, rewinding the magnetic core of generators, motors, and electrical transformers, general construction for residential buildings, general construction for non-residential buildings such as schools, hospitals, hotels, etc, also includes the construction of roads, streets, sidewalks, and road supplies, extending pipes of various types for electricity, communications, and others.

Mohammed Hadi AL Rasheed & Partners Co Headlines

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