Oman Arab BankOC (MUS:OAB) Accounts Payable & Accrued Expense : ر.ع47.7 Mil (As of Dec. 2023)

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What is Oman Arab BankOC Accounts Payable & Accrued Expense?

Oman Arab BankOC's quarterly accounts payable & accrued expense declined from Jun. 2023 (ر.ع65.4 Mil) to Sep. 2023 (ر.ع53.5 Mil) and declined from Sep. 2023 (ر.ع53.5 Mil) to Dec. 2023 (ر.ع47.7 Mil).

Oman Arab BankOC's annual accounts payable & accrued expense increased from Dec. 2021 (ر.ع33.1 Mil) to Dec. 2022 (ر.ع42.1 Mil) and increased from Dec. 2022 (ر.ع42.1 Mil) to Dec. 2023 (ر.ع47.7 Mil).

Oman Arab BankOC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oman Arab BankOC'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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Oman Arab BankOC Accounts Payable & Accrued Expense Chart

Oman Arab BankOC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

41.68

33.08

42.15

47.71

Oman Arab BankOC Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										42.15	48.03	65.42	53.55	47.71

Oman Arab BankOC 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.

Oman Arab BankOC (MUS:OAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oman Arab Bank SAOC (MUS:OAB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Al Ghoubra, P.O. Box 2240, Al-Udhayabah, Muscat, OMN, 130

Website

https://www.oman-arabbank.com

Oman Arab Bank SAOC is a provider of banking services in Oman. Its segments are Retail banking; Corporate banking; Treasury; Islamic Banking and Others. The company generates maximum revenue from the Retail banking segment. Its Retail banking Individual personal loan, overdraft, credit card, and funds transfer facilities.

Oman Arab BankOC (MUS:OAB) Headlines

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