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House Of Control Group AS (OSL:HOC) Accounts Payable & Accrued Expense : kr16.2 Mil (As of Sep. 2022)


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What is House Of Control Group AS Accounts Payable & Accrued Expense?

House Of Control Group AS's quarterly accounts payable & accrued expense increased from Mar. 2022 (kr19.2 Mil) to Jun. 2022 (kr20.9 Mil) but then declined from Jun. 2022 (kr20.9 Mil) to Sep. 2022 (kr16.2 Mil).

House Of Control Group AS's annual accounts payable & accrued expense increased from Dec. 2019 (kr13.9 Mil) to Dec. 2020 (kr20.3 Mil) and increased from Dec. 2020 (kr20.3 Mil) to Dec. 2021 (kr50.8 Mil).


House Of Control Group AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for House Of Control Group AS'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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House Of Control Group AS Accounts Payable & Accrued Expense Chart

House Of Control Group AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Payable & Accrued Expense
7.37 14.34 13.88 20.34 50.75

House Of Control Group AS Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 18.60 50.75 19.21 20.91 16.20

House Of Control Group AS 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.


House Of Control Group AS (OSL:HOC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
O.H. Bangs vei 70, Hovik, NOR, 1363
House Of Control Group AS provides software solutions. The company develops and sells software as a service (SaaS) solutions. The solutions include Complete Control, which is used for managing contracts and assets, including the contracts' financial implications for accounting, budgeting and reporting. Also, the company provides SaaS applications for the users of IFS, an Enterprise Resource Planning system. The solutions are mainly focused on purchasing processes, supplier and B2B customer communications, and travel, time and expense management.

House Of Control Group AS (OSL:HOC) Headlines

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