StealthGas (StealthGas) Accounts Payable & Accrued Expense : $16.6 Mil (As of Dec. 2023)

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What is StealthGas Accounts Payable & Accrued Expense?

StealthGas's quarterly accounts payable & accrued expense declined from Jun. 2023 ($22.0 Mil) to Sep. 2023 ($15.7 Mil) but then increased from Sep. 2023 ($15.7 Mil) to Dec. 2023 ($16.6 Mil).

StealthGas's annual accounts payable & accrued expense declined from Dec. 2020 ($18.4 Mil) to Dec. 2021 ($13.9 Mil) but then increased from Dec. 2021 ($13.9 Mil) to Dec. 2022 ($21.2 Mil).

StealthGas Accounts Payable & Accrued Expense Historical Data

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

StealthGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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22.08

18.41

13.93

21.24

16.59

StealthGas 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															21.24	21.88	21.97	15.70	16.59

StealthGas 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.

StealthGas (StealthGas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » StealthGas Inc (NAS:GASS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

S6W:Germany S6W:Germany

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.stealthgas.com

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.

Executives

Glendon Opportunities Fund, L.p.	10 percent owner	MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp	10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404