Oconee Federal Financial (Oconee Federal Financial) Accounts Payable & Accrued Expense : $4.85 Mil (As of Sep. 2023)

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What is Oconee Federal Financial Accounts Payable & Accrued Expense?

Oconee Federal Financial's quarterly accounts payable & accrued expense increased from Dec. 2022 ($0.90 Mil) to Mar. 2023 ($1.58 Mil) and increased from Mar. 2023 ($1.58 Mil) to Sep. 2023 ($4.85 Mil).

Oconee Federal Financial's annual accounts payable & accrued expense declined from Jun. 2020 ($1.19 Mil) to Jun. 2021 ($0.69 Mil) but then increased from Jun. 2021 ($0.69 Mil) to Jun. 2022 ($0.85 Mil).

Oconee Federal Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oconee Federal Financial'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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Oconee Federal Financial Accounts Payable & Accrued Expense Chart

Oconee Federal Financial Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Accounts Payable & Accrued Expense

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1.01

1.42

1.19

0.69

0.85

Oconee Federal Financial Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.85	0.94	0.90	1.58	4.85

Oconee Federal Financial 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.

Oconee Federal Financial (Oconee Federal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oconee Federal Financial Corp (OTCPK:OFED) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 East North Second Street, Seneca, SC, USA, 29678

Website

https://www.oconeefederal.com

Oconee Federal Financial Corp is a United States-based stock holding company. The company through its subsidiaries provides banking products and services in the us states of South Carolina and Georgia. Its principal business activity involves attracting retail deposits from the public and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and, to a lesser extent, non-residential mortgage, construction and land, agricultural, and other loans.

Executives

Curtis T Evatt	director, officer: EVP and CFO	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Charles Todd Latiff	officer: Senior Vice President	201 EAST NORTH SECOND STREET, SENECA SC 29678
David H Stafford	officer: SVP and COO	201 E. NORTH SECOND STREET, SENECA SC 29678
John William Hobbs	officer: SVP and CFO	6650 CALHOUN MEMORIAL HWY, EASLEY SC 29640
H Allen Salter	officer: SVP and CFO	C/O OCONEE FEDERAL FINANCIAL CORP., 201 EAST NORTH SECOND STREET, SENECA SC 29678
Sandifer Cecil T Jr.	director	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
T. Rhett Evatt	director, officer: President and CEO	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mays Harry B Jr.	director	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mclellan Robert N Jr.	director	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
W. Maurice Poore	director	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Nancy M Carter	officer: Senior VP and Asst. Treasurer	C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678

Oconee Federal Financial (Oconee Federal Financial) Headlines

From GuruFocus

Oconee Federal Financial Corp. Announces Quarterly Financial Results

By Business Wire Business Wire • 04-24-2020

Oconee Federal to Merge With Mutual Savings Bank

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Oconee Federal Financial Corp. Announces Annual Financial Results

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Oconee Federal Financial Corp. Announces Voluntary NASDAQ Delisting and SEC Deregistration

By Business Wire • 07-20-2023

Oconee Federal Financial Corp. Announces Annual Financial Results

By Business Wire Business Wire • 08-12-2022

Oconee Federal Financial Corp. Announces Annual Financial Results

By Business Wire Business Wire • 08-13-2021