Saudi Aramco Base Oil Company JSC
SAU:2223
Saudi Aramco Base Oil Company JSC
Accounts Payable
Saudi Aramco Base Oil Company JSC
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
S
|
Saudi Aramco Base Oil Company JSC
SAU:2223
|
Accounts Payable
ď·Ľ1.5B
|
CAGR 3-Years
16%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
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Sahara International Petrochemical Co SJSC
SAU:2310
|
Accounts Payable
ď·Ľ372.9m
|
CAGR 3-Years
15%
|
CAGR 5-Years
18%
|
CAGR 10-Years
N/A
|
|
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Yanbu National Petrochemicals Company SJSC
SAU:2290
|
Accounts Payable
ď·Ľ440.6m
|
CAGR 3-Years
29%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Saudi Kayan Petrochemical Company SJSC
SAU:2350
|
Accounts Payable
ď·Ľ3.1B
|
CAGR 3-Years
54%
|
CAGR 5-Years
46%
|
CAGR 10-Years
6%
|
|
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Saudi Basic Industries Corporation SJSC
SAU:2010
|
Accounts Payable
ď·Ľ19.8B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
5%
|
CAGR 10-Years
1%
|
|
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Saudi Industrial Investment Group SJSC
SAU:2250
|
Accounts Payable
ď·Ľ36.4m
|
CAGR 3-Years
6%
|
CAGR 5-Years
-29%
|
CAGR 10-Years
-27%
|
Saudi Aramco Base Oil Company JSC
Glance View
In the heart of the oil-rich landscape of Saudi Arabia, the Saudi Aramco Base Oil Company JSC—or Luberef, as it is commonly known—operates as a key player in the global energy sector. This enterprise, a subsidiary of the petroleum powerhouse Saudi Aramco, epitomizes the transformation of crude oil into valuable base oils critical for the lubrication of machinery worldwide. Through a meticulous refining process, crude oil is distilled and purified into base oil stocks. These products are indispensable for manufacturing lubricants that minimize friction in engines and industrial equipment—essentially keeping the commercial and transportation sectors running smoothly. Luberef's operations are strategically spread across major facilities, with its Refinery in Yanbu and Jeddah representing state-of-the-art centers that elevate its production capabilities. Profit-generation for Luberef hinges on a finely-tuned strategy that combines efficient operations with the leverage of Aramco’s vast resources and international foothold. By focusing on producing a diverse range of high-quality base oils—ranging from Group I to Group II and III—the company addresses varying market needs, from automotive applications to more specialized industrial-grade lubricants. This enables Luberef to tap into a broad spectrum of economic and industrial activity, responding to the ever-growing demand in both emerging and developed markets. Furthermore, strategic partnerships and a robust distribution network enhance its global reach, allowing Luberef to convert its product outputs into substantial revenue streams. Through these concerted efforts, Luberef not only capitalizes on its intrinsic connection to one of the world's largest oil entities but also strengthens its position as a catalyst of industrial lubrication across the globe.
See Also
What is Saudi Aramco Base Oil Company JSC's Accounts Payable?
Accounts Payable
1.5B
SAR
Based on the financial report for Dec 31, 2024, Saudi Aramco Base Oil Company JSC's Accounts Payable amounts to 1.5B SAR.
What is Saudi Aramco Base Oil Company JSC's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
13%
Over the last year, the Accounts Payable growth was 34%. The average annual Accounts Payable growth rates for Saudi Aramco Base Oil Company JSC have been 16% over the past three years , 13% over the past five years .