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Oman Telecommunications CoOG (MUS:OTEL) Accounts Payable & Accrued Expense : ر.ع1,599 Mil (As of Dec. 2023)


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What is Oman Telecommunications CoOG Accounts Payable & Accrued Expense?

Oman Telecommunications CoOG's quarterly accounts payable & accrued expense declined from Jun. 2023 (ر.ع1,703 Mil) to Sep. 2023 (ر.ع1,685 Mil) and declined from Sep. 2023 (ر.ع1,685 Mil) to Dec. 2023 (ر.ع1,599 Mil).

Oman Telecommunications CoOG's annual accounts payable & accrued expense increased from Dec. 2021 (ر.ع1,400 Mil) to Dec. 2022 (ر.ع1,505 Mil) and increased from Dec. 2022 (ر.ع1,505 Mil) to Dec. 2023 (ر.ع1,599 Mil).


Oman Telecommunications CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oman Telecommunications 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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Oman Telecommunications CoOG Accounts Payable & Accrued Expense Chart

Oman Telecommunications CoOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,393.19 1,432.63 1,399.65 1,504.82 1,598.63

Oman Telecommunications 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 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 1,504.82 1,721.79 1,703.17 1,685.41 1,598.63

Oman Telecommunications 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.


Oman Telecommunications CoOG (MUS:OTEL) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box: 789, Ruwi, Muscat, OMN, 112
Oman Telecommunications Co SAOG is engaged in the establishment, operation, maintenance, and development of telecommunication services in the Sultanate of Oman. The company and its subsidiaries operate in a single business segment: telecommunications and related services. Its revenue comprises Fixed Broadband, Mobile Postpaid, and ICT (Information and communications technology). The geographical segments are Oman, Kuwait, Jordan, Sudan, Iraq, Bahrain, Saudi Arabia, and Others.