Frontline (OSTO:FROO) Accounts Payable & Accrued Expense

: kr1,188 Mil (As of Sep. 2023)

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Frontline's quarterly accounts payable & accrued expense declined from Mar. 2023 (kr1,145 Mil) to Jun. 2023 (kr1,122 Mil) but then increased from Jun. 2023 (kr1,122 Mil) to Sep. 2023 (kr1,188 Mil).

Frontline's annual accounts payable & accrued expense increased from Dec. 2020 (kr612 Mil) to Dec. 2021 (kr687 Mil) and increased from Dec. 2021 (kr687 Mil) to Dec. 2022 (kr1,114 Mil).

Frontline Accounts Payable & Accrued Expense Historical Data

The historical data trend for Frontline'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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Frontline Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

672.69

983.37

611.60

686.96

1,114.29

Frontline Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense																343.89	1,114.29	1,144.65	1,122.29	1,188.47

Frontline 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.

Frontline (OSTO:FROO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontline Plc (OSTO:FROo) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106

Website

https://www.frontlineplc.cy

Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (OSTO:FROO) Headlines

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