Thevola Group (SAU:2050) Accounts Payable & Accrued Expense : ﷼3,877 Mil (As of Mar. 2024)

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What is Thevola Group Accounts Payable & Accrued Expense?

Thevola Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (﷼2,878 Mil) to Dec. 2023 (﷼4,041 Mil) but then declined from Dec. 2023 (﷼4,041 Mil) to Mar. 2024 (﷼3,877 Mil).

Thevola Group's annual accounts payable & accrued expense increased from Dec. 2021 (﷼3,377 Mil) to Dec. 2022 (﷼4,347 Mil) but then declined from Dec. 2022 (﷼4,347 Mil) to Dec. 2023 (﷼4,041 Mil).

Thevola Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Thevola Group'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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Thevola Group Accounts Payable & Accrued Expense Chart

Thevola Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,897.01

2,940.08

3,376.98

4,346.89

4,041.34

Thevola Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,364.81	3,167.93	2,877.83	4,041.34	3,877.04

Thevola Group 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.

Thevola Group (SAU:2050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Savola Group (SAU:2050) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Faisal Bin Fahad Street, Savola Tower, The Headquarter Business Park, Ashati District, 2444 Taha Khusaifan-Ashati, Unit Number 15, Jeddah, SAU, 23511-7333

Website

https://www.savola.com

The Savola Group is a strategic investment holding company. It is focused on the food and retail sectors, with operations in the Middle East, Turkey and other regions. It is organized into the following operating segments namely Foods processing, Retail, Food Services, Frozen food and Investment. The group derives majority of revenue from the Foods processing segment which consists of includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, Pulses and other food products.

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