Electro Cable Egypt (CAI:ELEC) Accounts Payable: E£987 Mil (As of Jun. 2023)

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CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.26
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What is Electro Cable Egypt Accounts Payable?

Electro Cable Egypt CAI:ELEC +2.73% 8 Accounts Payable is E£987 Mil as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Electro Cable Egypt's Accounts Payable for the quarter that ended in Jun. 2023 was E£987 Mil.

Electro Cable Egypt's quarterly Accounts Payable increased from Jun. 2022 (E£0 Mil) to Mar. 2023 (E£775 Mil) and increased from Mar. 2023 (E£775 Mil) to Jun. 2023 (E£987 Mil).

Electro Cable Egypt's annual Accounts Payable declined from Dec. 2018 (E£43 Mil) to Dec. 2019 (E£25 Mil) and declined from Dec. 2019 (E£25 Mil) to Dec. 2020 (E£20 Mil).

Electro Cable Egypt Accounts Payable Related Terms

Electro Cable Egypt Accounts Payable Historical Data

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The historical data trend for Electro Cable Egypt's Accounts Payable 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.

Electro Cable Egypt Accounts Payable Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable
0.00 0.77 43.11 24.73 19.60

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 774.83 987.23
CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of E£987 Mil mean?
Electro Cable Egypt (CAI:ELEC) has a Accounts Payable of E£987 Mil as of Jun. 2023. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Accounts Payable too high?
Electro Cable Egypt's current Accounts Payable is E£987 Mil. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Accounts Payable compare to competitors?
Electro Cable Egypt's Accounts Payable of E£987 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Industrial Products company?
A good Accounts Payable depends on the Industrial Products industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Electro Cable Egypt and its competitors. Electro Cable Egypt's current Accounts Payable is E£987 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Accounts Payable of E£987 Mil. The current Accounts Payable is E£987 Mil. Electro Cable Egypt's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Electro Cable Egypt (CAI:ELEC), the current Accounts Payable is E£987 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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