EZZ Steel CoE (LSE:67NW) Accounts Payable: £408.31 Mil (As of Jun. 2024)

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What is EZZ Steel CoE Accounts Payable?

EZZ Steel CoE LSE:67NW 4 Accounts Payable is £408.31 Mil as of Jun. 2024. GuruFocus rates LSE:67NW with a GF Score™ of 4/100. The stock has 7 warning signs investors should review.

EZZ Steel CoE's Accounts Payable for the quarter that ended in Jun. 2024 was £408.31 Mil.

EZZ Steel CoE's quarterly Accounts Payable declined from Dec. 2023 (£534.61 Mil) to Mar. 2024 (£530.41 Mil) and declined from Mar. 2024 (£530.41 Mil) to Jun. 2024 (£408.31 Mil).

EZZ Steel CoE's annual Accounts Payable increased from Dec. 2021 (£253.77 Mil) to Dec. 2022 (£490.98 Mil) and increased from Dec. 2022 (£490.98 Mil) to Dec. 2023 (£534.61 Mil).

EZZ Steel CoE Accounts Payable Related Terms

EZZ Steel CoE Accounts Payable Historical Data

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The historical data trend for EZZ Steel CoE'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.

EZZ Steel CoE Accounts Payable Chart

EZZ Steel CoE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 278.32 257.25 253.77 490.98 534.61

EZZ Steel CoE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 529.11 414.07 534.61 530.41 408.31

EZZ Steel CoE 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 £408.31 Mil mean?
EZZ Steel CoE (LSE:67NW) has a Accounts Payable of £408.31 Mil as of Jun. 2024. 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 EZZ Steel CoE and its competitors.
Is EZZ Steel CoE's Accounts Payable too high?
EZZ Steel CoE's current Accounts Payable is £408.31 Mil. Overall, EZZ Steel CoE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EZZ Steel CoE's Accounts Payable compare to NUE and STLD?
EZZ Steel CoE's Accounts Payable of £408.31 Mil can be compared against companies in the Steel 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 a Steel company?
A good Accounts Payable depends on the Steel 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 EZZ Steel CoE and its competitors. EZZ Steel CoE's current Accounts Payable is £408.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZZ Steel CoE stock overvalued right now?
EZZ Steel CoE (LSE:67NW) has a current Accounts Payable of £408.31 Mil. The current Accounts Payable is £408.31 Mil. EZZ Steel CoE's overall GF Score™ is 4/100 with 7 warning signs to review. 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 EZZ Steel CoE (LSE:67NW), the current Accounts Payable is £408.31 Mil as of Jun. 2024. 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.

EZZ Steel CoE Business Description

Address Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089
EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.