Voltamp EnergyOG (MUS:VOES) Accounts Payable & Accrued Expense : ر.ع8.58 Mil (As of Mar. 2018)

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What is Voltamp EnergyOG Accounts Payable & Accrued Expense?

Voltamp EnergyOG's quarterly accounts payable & accrued expense declined from Sep. 2017 (ر.ع9.51 Mil) to Dec. 2017 (ر.ع7.90 Mil) but then increased from Dec. 2017 (ر.ع7.90 Mil) to Mar. 2018 (ر.ع8.58 Mil).

Voltamp EnergyOG's annual accounts payable & accrued expense declined from Dec. 2015 (ر.ع7.25 Mil) to Dec. 2016 (ر.ع4.47 Mil) but then increased from Dec. 2016 (ر.ع4.47 Mil) to Dec. 2017 (ر.ع7.90 Mil).

Voltamp EnergyOG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Voltamp EnergyOG'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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Voltamp EnergyOG Accounts Payable & Accrued Expense Chart

Voltamp EnergyOG Annual Data

Trend

Dec08

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Dec10

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Dec12

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Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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2.19

3.67

7.25

4.47

7.90

Voltamp EnergyOG Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.17	8.39	9.51	7.90	8.58

Voltamp EnergyOG 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.

Voltamp EnergyOG (MUS:VOES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltamp Energy SAOG (MUS:VOES) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Rusayl Industrial Estate, Road No. 7, P.O Box 75, Rusayl, OMN, 124

Website

http://www.voltampoman.com

Voltamp Energy SAOG together with its subsidiaries manufactures, distributes, and sells transformers, medium and low voltage switchgear, and packaged sub-stations. The firm also undertakes repairs and refurbishment of a complete range of transformers. Principally it operates in two units that is Transformers and Low-Voltage Switchgear and Panels. It offers power transformers; distribution transformers; special transformers; earthing transformers for the substations; The company also provides package substations comprising transformer ring main units and feeder pillars mounted on a common skid and complete enclosures; feeder pillars; distribution boards, such as MCC and PCC panels, and intelligent MCCs with motor control. The firm operates its activities in the Middle East and North Africa.

Voltamp EnergyOG (MUS:VOES) Headlines

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