Cenovus Energy (Cenovus Energy) Accounts Payable & Accrued Expense

: $3,911 Mil (As of Dec. 2023)

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Cenovus Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 ($4,582 Mil) to Sep. 2023 ($4,864 Mil) but then declined from Sep. 2023 ($4,864 Mil) to Dec. 2023 ($3,911 Mil).

Cenovus Energy's annual accounts payable & accrued expense increased from Dec. 2021 ($4,741 Mil) to Dec. 2022 ($5,233 Mil) but then declined from Dec. 2022 ($5,233 Mil) to Dec. 2023 ($3,911 Mil).

Cenovus Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cenovus Energy'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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Cenovus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1,647.05

1,453.67

4,740.63

5,232.98

3,911.00

Cenovus Energy 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																5,232.98	4,018.13	4,582.27	4,863.65	3,911.00

Cenovus Energy 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.

Cenovus Energy (Cenovus Energy) Business Description

Industry

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Traded in Other Exchanges

CXD:Germany CXD:Germany CVE.PR.B.PFD:Canada CVE.PR.A.PFD:Canada CVE.PR.C.PFD:Canada CVE.PR.G.PFD:Canada CVE.PR.E.PFD:Canada CVE:Canada

Address

225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2

Website

https://www.cenovus.com

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.