Sohar Power CoOG (MUS:SHPS) Accounts Payable & Accrued Expense : ر.ع1.18 Mil (As of Dec. 2021)

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What is Sohar Power CoOG Accounts Payable & Accrued Expense?

Sohar Power CoOG's quarterly accounts payable & accrued expense increased from Dec. 2020 (ر.ع0.34 Mil) to Sep. 2021 (ر.ع1.28 Mil) but then declined from Sep. 2021 (ر.ع1.28 Mil) to Dec. 2021 (ر.ع1.18 Mil).

Sohar Power CoOG's annual accounts payable & accrued expense declined from Dec. 2019 (ر.ع11.73 Mil) to Dec. 2020 (ر.ع0.34 Mil) but then increased from Dec. 2020 (ر.ع0.34 Mil) to Dec. 2021 (ر.ع1.18 Mil).

Sohar Power CoOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sohar Power 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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Sohar Power CoOG Accounts Payable & Accrued Expense Chart

Sohar Power CoOG Annual Data

Trend

Dec12

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Dec21

Accounts Payable & Accrued Expense

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10.25

3.89

11.73

0.34

1.18

Sohar Power CoOG Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.63	13.34	0.34	1.28	1.18

Sohar Power 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.

Sohar Power CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sohar Power Co SAOG (MUS:SHPS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Jawharat Al Shatti, PO Box 147, Muscat, OMN, 134

Website

http://www.soharpower.com

Sohar Power Co SAOG owns and operates power generation and water desalination plant in the Sultanate of Oman. The company has built and owned the more than 550 plus megawatt electricity generation and a seawater desalination plant in Sohar.

Sohar Power CoOG Headlines

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