Paramount Resources (Paramount Resources) Accounts Payable & Accrued Expense : $203 Mil (As of Dec. 2023)

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What is Paramount Resources Accounts Payable & Accrued Expense?

Paramount Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 ($145 Mil) to Sep. 2023 ($200 Mil) and increased from Sep. 2023 ($200 Mil) to Dec. 2023 ($203 Mil).

Paramount Resources's annual accounts payable & accrued expense declined from Dec. 2021 ($171 Mil) to Dec. 2022 ($169 Mil) but then increased from Dec. 2022 ($169 Mil) to Dec. 2023 ($203 Mil).

Paramount Resources Accounts Payable & Accrued Expense Historical Data

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

Paramount Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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155.53

119.29

171.17

169.23

203.12

Paramount Resources 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															169.23	166.70	145.19	199.69	203.12

Paramount Resources 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.

Paramount Resources (Paramount Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (OTCPK:PRMRF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PQ51:Germany POU:Canada

Address

888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5

Website

https://www.paramountres.com

Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.

Paramount Resources (Paramount Resources) Headlines

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