National Gas CoOG (MUS:NGCI) Accounts Payable & Accrued Expense : ر.ع5.92 Mil (As of Mar. 2025)

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What is National Gas CoOG Accounts Payable & Accrued Expense?

National Gas CoOG's quarterly accounts payable & accrued expense increased from Sep. 2024 (ر.ع7.19 Mil) to Dec. 2024 (ر.ع7.71 Mil) but then declined from Dec. 2024 (ر.ع7.71 Mil) to Mar. 2025 (ر.ع5.92 Mil).

National Gas CoOG's annual accounts payable & accrued expense increased from Dec. 2022 (ر.ع5.06 Mil) to Dec. 2023 (ر.ع8.73 Mil) but then declined from Dec. 2023 (ر.ع8.73 Mil) to Dec. 2024 (ر.ع7.71 Mil).

National Gas CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for National Gas 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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National Gas CoOG Accounts Payable & Accrued Expense Chart

National Gas CoOG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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5.47

8.98

5.06

8.73

7.71

National Gas CoOG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.09	6.09	7.19	7.71	5.92

National Gas 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.

National Gas CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Gas Co SAOG (MUS:NGCI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Al Khuwair Office, Al Khuwair, ONEIC Building, Muscat, OMN

Website

https://www.nationalgasco.net

National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.

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