Al Omaniya Financial ServicesOG (MUS:AOFS) Accounts Payable & Accrued Expense : ر.ع9.12 Mil (As of Dec. 2022)

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What is Al Omaniya Financial ServicesOG Accounts Payable & Accrued Expense?

Al Omaniya Financial ServicesOG's quarterly accounts payable & accrued expense increased from Dec. 2020 (ر.ع4.92 Mil) to Dec. 2021 (ر.ع9.44 Mil) but then declined from Dec. 2021 (ر.ع9.44 Mil) to Dec. 2022 (ر.ع9.12 Mil).

Al Omaniya Financial ServicesOG's annual accounts payable & accrued expense increased from Dec. 2020 (ر.ع4.92 Mil) to Dec. 2021 (ر.ع9.44 Mil) but then declined from Dec. 2021 (ر.ع9.44 Mil) to Dec. 2022 (ر.ع9.12 Mil).

Al Omaniya Financial ServicesOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Omaniya Financial 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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Al Omaniya Financial ServicesOG Accounts Payable & Accrued Expense Chart

Al Omaniya Financial ServicesOG Annual Data

Trend

Dec13

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Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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7.52

6.71

4.92

9.44

9.12

Al Omaniya Financial ServicesOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												7.52	6.71	4.92	9.44	9.12

Al Omaniya Financial 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.

Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Al Omaniya Financial Services SAOG (MUS:AOFS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jibroo, P.O. Box 1087, Muscat, OMN, 114

Website

https://www.aofsoman.com

Al Omaniya Financial Services SAOG is involved in capital markets that provide Corporate loans, Retail Asset Financing which provides specialized finance products for the self-employed, salaried individuals, transport operators, small and large businesses, and Micro Credit. The company is also involved in hire purchase and lease finance for motor vehicles and other assets, debt factoring, bill discounting, bridge loans, working capital loans, and project and construction loans.

Al Omaniya Financial ServicesOG (MUS:AOFS) Headlines

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