Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Accounts Payable & Accrued Expense : ر.ع45.9 Mil (As of Dec. 2023)

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What is Al Maha Petroleum Products Marketing CoOG Accounts Payable & Accrued Expense?

Al Maha Petroleum Products Marketing CoOG's quarterly accounts payable & accrued expense increased from Jun. 2023 (ر.ع44.0 Mil) to Sep. 2023 (ر.ع46.4 Mil) but then declined from Sep. 2023 (ر.ع46.4 Mil) to Dec. 2023 (ر.ع45.9 Mil).

Al Maha Petroleum Products Marketing CoOG's annual accounts payable & accrued expense increased from Dec. 2021 (ر.ع39.9 Mil) to Dec. 2022 (ر.ع48.4 Mil) but then declined from Dec. 2022 (ر.ع48.4 Mil) to Dec. 2023 (ر.ع45.9 Mil).

Al Maha Petroleum Products Marketing CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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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Al Maha Petroleum Products Marketing CoOG Accounts Payable & Accrued Expense Chart

Al Maha Petroleum Products Marketing CoOG Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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41.61

30.02

39.91

48.40

45.91

Al Maha Petroleum Products Marketing CoOG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															48.40	44.93	44.02	46.41	45.91

Al Maha Petroleum Products Marketing CoOG 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.

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Maha Petroleum Products Marketing Co SAOG (MUS:MHAS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116

Website

https://www.almaha.com.om

Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Headlines

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