Abraj Energy Services CoOG (MUS:ABRJ) Accounts Payable & Accrued Expense : ر.ع26.9 Mil (As of Dec. 2024)

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What is Abraj Energy Services CoOG Accounts Payable & Accrued Expense?

Abraj Energy Services CoOG's quarterly accounts payable & accrued expense declined from Jun. 2024 (ر.ع42.1 Mil) to Sep. 2024 (ر.ع34.3 Mil) and declined from Sep. 2024 (ر.ع34.3 Mil) to Dec. 2024 (ر.ع26.9 Mil).

Abraj Energy Services CoOG's annual accounts payable & accrued expense increased from Dec. 2022 (ر.ع24.1 Mil) to Dec. 2023 (ر.ع31.1 Mil) but then declined from Dec. 2023 (ر.ع31.1 Mil) to Dec. 2024 (ر.ع26.9 Mil).

Abraj Energy Services CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abraj Energy Services 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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Abraj Energy Services CoOG Accounts Payable & Accrued Expense Chart

Abraj Energy Services CoOG Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

24.08

31.14

26.93

Abraj Energy Services CoOG Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							31.14	45.09	42.08	34.25	26.93

Abraj Energy Services 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.

Abraj Energy Services CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Abraj Energy Services Co SAOG (MUS:ABRJ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Building Number 500, Way number 1308, Airports Heights Al Seeb, Muscat Governorate, Muscat, OMN

Website

https://www.abrajenergy.com

Abraj Energy Services Co SAOG is an integrated energy company. It mainly provides oilfield services such as onshore drilling, workover, flowback, well testing, healthy intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services, and training services. It has two reportable segments: Drilling and Work Over, Well Services, and Others of which it generates the majority of the revenue from the Drilling and Work Over Segment.

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