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Al Hassan Engineering CoOG (MUS:HECI) Accounts Payable & Accrued Expense : ر.ع13.72 Mil (As of Dec. 2020)


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What is Al Hassan Engineering CoOG Accounts Payable & Accrued Expense?

Al Hassan Engineering CoOG's quarterly accounts payable & accrued expense increased from Dec. 2018 (ر.ع16.69 Mil) to Dec. 2019 (ر.ع17.53 Mil) but then declined from Dec. 2019 (ر.ع17.53 Mil) to Dec. 2020 (ر.ع13.72 Mil).

Al Hassan Engineering CoOG's annual accounts payable & accrued expense increased from Dec. 2018 (ر.ع16.69 Mil) to Dec. 2019 (ر.ع17.53 Mil) but then declined from Dec. 2019 (ر.ع17.53 Mil) to Dec. 2020 (ر.ع13.72 Mil).


Al Hassan Engineering CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Hassan Engineering 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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Al Hassan Engineering CoOG Accounts Payable & Accrued Expense Chart

Al Hassan Engineering CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.66 18.44 16.69 17.53 13.72

Al Hassan Engineering CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 Premium Member Only Premium Member Only 32.66 18.44 16.69 17.53 13.72

Al Hassan Engineering 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.


Al Hassan Engineering CoOG (MUS:HECI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 1948, Muscat, OMN, 112
Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

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