Olympic Industries (DHA:OLYMPIC) Accounts Payable & Accrued Expense : BDT793 Mil (As of Mar. 2024)

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What is Olympic Industries Accounts Payable & Accrued Expense?

Olympic Industries's quarterly accounts payable & accrued expense increased from Sep. 2023 (BDT457 Mil) to Dec. 2023 (BDT1,753 Mil) but then declined from Dec. 2023 (BDT1,753 Mil) to Mar. 2024 (BDT793 Mil).

Olympic Industries's annual accounts payable & accrued expense declined from Jun. 2021 (BDT1,120 Mil) to Jun. 2022 (BDT944 Mil) and declined from Jun. 2022 (BDT944 Mil) to Jun. 2023 (BDT518 Mil).

Olympic Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Olympic Industries'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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Olympic Industries Accounts Payable & Accrued Expense Chart

Olympic Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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728.96

917.63

1,119.95

943.86

517.79

Olympic Industries 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															524.24	517.79	457.03	1,752.87	792.70

Olympic Industries 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.

Olympic Industries (DHA:OLYMPIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Olympic Industries Ltd (DHA:OLYMPIC) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Amin Court, 6th Floor, 62-63, Motijheel Commercial Area, Dhaka, BGD, 1000

Website

http://www.olympicbd.com

Olympic Industries Ltd is a manufacturer, distributor, and marketer of biscuits and fast-moving consumer goods in Bangladesh. The company's products are distributed into biscuits including Energy Plus, Coconut Plus, First Choice, Crack Jack, Tim Tim, Marie Gold, Namkin among others; cookies and bakery including Badami cookies, dry cake and daily toast; confectionery including Green Mango, Ripe Mango, cool, energy, among others and batteries that include Olympic Gold, Olympic Laser, Olympic Heavy Duty, among others. It has two business units namely Battery and Biscuit and Other. The majority of its revenue is derived from the Biscuit and Other units.

Olympic Industries (DHA:OLYMPIC) Headlines

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