Renaissance ServicesOG (MUS:RNSS) Accounts Payable & Accrued Expense : ر.ع42.0 Mil (As of Mar. 2024)

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What is Renaissance ServicesOG Accounts Payable & Accrued Expense?

Renaissance ServicesOG's quarterly accounts payable & accrued expense declined from Sep. 2023 (ر.ع38.0 Mil) to Dec. 2023 (ر.ع19.0 Mil) but then increased from Dec. 2023 (ر.ع19.0 Mil) to Mar. 2024 (ر.ع42.0 Mil).

Renaissance ServicesOG's annual accounts payable & accrued expense increased from Dec. 2021 (ر.ع14.5 Mil) to Dec. 2022 (ر.ع18.4 Mil) and increased from Dec. 2022 (ر.ع18.4 Mil) to Dec. 2023 (ر.ع19.0 Mil).

Renaissance ServicesOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Renaissance ServicesOG'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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Renaissance ServicesOG Accounts Payable & Accrued Expense Chart

Renaissance ServicesOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.80

13.71

14.53

18.43

19.03

Renaissance ServicesOG 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															46.46	38.83	37.96	19.03	42.03

Renaissance ServicesOG 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.

Renaissance ServicesOG (MUS:RNSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Renaissance Services SAOG (MUS:RNSS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renaissance House, P.O. Box 1676, Muttrah, OMN, 114

Website

https://www.renaissanceservices.com

Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

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