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Orascom Financial HoldingE (CAI:OFH) Accounts Payable & Accrued Expense : E£12.66 Mil (As of Jun. 2024)


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What is Orascom Financial HoldingE Accounts Payable & Accrued Expense?

Orascom Financial HoldingE's quarterly accounts payable & accrued expense increased from Dec. 2023 (E£17.08 Mil) to Mar. 2024 (E£18.24 Mil) but then declined from Mar. 2024 (E£18.24 Mil) to Jun. 2024 (E£12.66 Mil).

Orascom Financial HoldingE's annual accounts payable & accrued expense declined from Dec. 2021 (E£37.52 Mil) to Dec. 2022 (E£14.41 Mil) but then increased from Dec. 2022 (E£14.41 Mil) to Dec. 2023 (E£17.08 Mil).


Orascom Financial HoldingE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orascom Financial HoldingE'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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Orascom Financial HoldingE Accounts Payable & Accrued Expense Chart

Orascom Financial HoldingE Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
37.52 14.41 17.08

Orascom Financial HoldingE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 1.85 20.42 17.08 18.24 12.66

Orascom Financial HoldingE 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.


Orascom Financial HoldingE Business Description

Traded in Other Exchanges
N/A
Address
Abu Al Feda Administrative Tower,, Zamalek, Cairo, EGY, 11221
Orascom Financial Holding SAE is an investment management company. The company invests in the financial technology business, telecom business, and in destination development projects. Its operating segments include Non-banking financial activities and others.

Orascom Financial HoldingE Headlines

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