Optical Cable (FRA:OCC) Accounts Payable & Accrued Expense : €6.13 Mil (As of Jan. 2024)

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What is Optical Cable Accounts Payable & Accrued Expense?

Optical Cable's quarterly accounts payable & accrued expense increased from Jul. 2023 (€6.82 Mil) to Oct. 2023 (€7.31 Mil) but then declined from Oct. 2023 (€7.31 Mil) to Jan. 2024 (€6.13 Mil).

Optical Cable's annual accounts payable & accrued expense increased from Oct. 2021 (€5.04 Mil) to Oct. 2022 (€7.25 Mil) and increased from Oct. 2022 (€7.25 Mil) to Oct. 2023 (€7.31 Mil).

Optical Cable Accounts Payable & Accrued Expense Historical Data

The historical data trend for Optical Cable'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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Optical Cable Accounts Payable & Accrued Expense Chart

Optical Cable Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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6.54

3.69

5.04

7.25

7.31

Optical Cable Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.84	6.68	6.82	7.31	6.13

Optical Cable 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.

Optical Cable (FRA:OCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optical Cable Corp (FRA:OCC) » Definitions » Accounts Payable & Accrued Expense

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OCC:USA

Address

5290 Concourse Drive, Roanoke, VA, USA, 24019

Website

https://www.occfiber.com

Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.