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Surge Energy (Surge Energy) Accounts Payable & Accrued Expense : $65.0 Mil (As of Sep. 2023)


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What is Surge Energy Accounts Payable & Accrued Expense?

Surge Energy's quarterly accounts payable & accrued expense declined from Mar. 2023 ($68.0 Mil) to Jun. 2023 ($60.2 Mil) but then increased from Jun. 2023 ($60.2 Mil) to Sep. 2023 ($65.0 Mil).

Surge Energy's annual accounts payable & accrued expense increased from Dec. 2020 ($40.0 Mil) to Dec. 2021 ($65.9 Mil) and increased from Dec. 2021 ($65.9 Mil) to Dec. 2022 ($71.2 Mil).


Surge Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Surge 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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Surge Energy Accounts Payable & Accrued Expense Chart

Surge Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.44 33.08 40.02 65.88 71.22

Surge Energy 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.90 71.22 67.99 60.19 65.03

Surge 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.


Surge Energy (Surge Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Surge Energy Inc (OTCPK:ZPTAF) » Definitions » Accounts Payable & Accrued Expense
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Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

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