Birchcliff Energy (FRA:39B) Accounts Payable & Accrued Expense : €49.5 Mil (As of Jun. 2024)

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What is Birchcliff Energy Accounts Payable & Accrued Expense?

Birchcliff Energy's quarterly accounts payable & accrued expense increased from Dec. 2023 (€64.8 Mil) to Mar. 2024 (€72.0 Mil) but then declined from Mar. 2024 (€72.0 Mil) to Jun. 2024 (€49.5 Mil).

Birchcliff Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€66.9 Mil) to Dec. 2022 (€99.9 Mil) but then declined from Dec. 2022 (€99.9 Mil) to Dec. 2023 (€64.8 Mil).

Birchcliff Energy Accounts Payable & Accrued Expense Historical Data

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

Birchcliff Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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63.29

62.57

66.88

99.92

64.81

Birchcliff Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60.84	73.57	64.81	71.98	49.53

Birchcliff 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.

Birchcliff Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Birchcliff Energy Ltd (FRA:39B) » Definitions » Accounts Payable & Accrued Expense

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BIREF:USA 39B:Germany BIR:Canada

Address

600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5

Website

https://www.birchcliffenergy.com

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high-working production, which is surrounded by blocks of high-working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.

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