Otello ASA (OSTO:OPERAO) Accounts Payable & Accrued Expense : kr1.28 Mil (As of Dec. 2023)

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What is Otello ASA Accounts Payable & Accrued Expense?

Otello ASA's quarterly accounts payable & accrued expense declined from Dec. 2022 (kr3.33 Mil) to Jun. 2023 (kr1.08 Mil) but then increased from Jun. 2023 (kr1.08 Mil) to Dec. 2023 (kr1.28 Mil).

Otello ASA's annual accounts payable & accrued expense declined from Dec. 2021 (kr3.59 Mil) to Dec. 2022 (kr3.33 Mil) and declined from Dec. 2022 (kr3.33 Mil) to Dec. 2023 (kr1.28 Mil).

Otello ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Otello ASA'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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Otello ASA Accounts Payable & Accrued Expense Chart

Otello ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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222.89

252.51

3.59

3.33

1.28

Otello ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.59	1.95	3.33	1.08	1.28

Otello ASA 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.

Otello ASA (OSTO:OPERAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Otello Corp ASA (OSTO:OPERAo) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

OPESF:USA OTEC:Norway OS3:Germany

Address

Gjerdrums vei 19, Oslo, NOR, NO-0484

Website

https://www.otellocorp.com

Otello Corp ASA Norway-based company. The company holds shares in different businesses, including, i) Bemobi, a Mobile Media and Entertainment company that integrates people and mobile content through technology and offers a subscription-based discovery service for mobile apps in Latin America and beyond; and ii) Skyfire which offers cloud-based network solutions for mobile operators.

Otello ASA (OSTO:OPERAO) Headlines

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