Vegetable Oil Industries Co (XPAE:VOIC) Accounts Payable & Accrued Expense : JOD1.21 Mil (As of Dec. 2023)

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What is Vegetable Oil Industries Co Accounts Payable & Accrued Expense?

Vegetable Oil Industries Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (JOD1.31 Mil) to Sep. 2023 (JOD1.23 Mil) and declined from Sep. 2023 (JOD1.23 Mil) to Dec. 2023 (JOD1.21 Mil).

Vegetable Oil Industries Co's annual accounts payable & accrued expense increased from Dec. 2021 (JOD1.12 Mil) to Dec. 2022 (JOD1.31 Mil) but then declined from Dec. 2022 (JOD1.31 Mil) to Dec. 2023 (JOD1.21 Mil).

Vegetable Oil Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vegetable Oil Industries Co'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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Vegetable Oil Industries Co Accounts Payable & Accrued Expense Chart

Vegetable Oil Industries Co Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.86

0.87

1.12

1.31

1.21

Vegetable Oil Industries Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.31	1.10	1.31	1.23	1.21

Vegetable Oil Industries Co 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.

Vegetable Oil Industries Co (XPAE:VOIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vegetable Oil Industries Co Ltd (XPAE:VOIC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Zoyoot Street, Eastern Industrial Zone, P.O. Box 95, Nablus, PSE

Website

https://www.voic.ps

Vegetable Oil Industries Co Ltd is engaged in the production of oil and ghee. The company produces two categories of products from Palm, Coconut, Corn, Soybean and Sunflower Oils namely: Vegetable Ghee and Shortening and Liquid Vegetable Oils. Its products include Al Ghazalein Oil, Al Aseel, Al Mumtaz, Al Kawakeb Ghee, Nabateen Ghee, Gazal Ghee, and Reem Oil.

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