Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Accounts Payable & Accrued Expense

: $13,687 Mil (As of Dec. 2023)

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Petroleo Brasileiro Petrobras's quarterly accounts payable & accrued expense declined from Jun. 2023 ($15,688 Mil) to Sep. 2023 ($14,740 Mil) and declined from Sep. 2023 ($14,740 Mil) to Dec. 2023 ($13,687 Mil).

Petroleo Brasileiro Petrobras's annual accounts payable & accrued expense increased from Dec. 2021 ($10,069 Mil) to Dec. 2022 ($15,692 Mil) but then declined from Dec. 2022 ($15,692 Mil) to Dec. 2023 ($13,687 Mil).

Petroleo Brasileiro Petrobras Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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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Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

10,647.35

10,662.36

10,069.39

15,691.82

13,686.58

Petroleo Brasileiro Petrobras 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																15,691.82	9,221.69	15,687.82	14,740.22	13,686.58

Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

PBR.A:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.