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Global Petroleum (FRA:GLK) Accounts Payable & Accrued Expense : €0.02 Mil (As of Dec. 2023)


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What is Global Petroleum Accounts Payable & Accrued Expense?

Global Petroleum's quarterly accounts payable & accrued expense declined from Jun. 2022 (€0.11 Mil) to Dec. 2022 (€0.09 Mil) and declined from Dec. 2022 (€0.09 Mil) to Dec. 2023 (€0.02 Mil).

Global Petroleum's annual accounts payable & accrued expense declined from Jun. 2020 (€0.11 Mil) to Jun. 2021 (€0.07 Mil) but then increased from Jun. 2021 (€0.07 Mil) to Jun. 2022 (€0.11 Mil).


Global Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Petroleum'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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Global Petroleum Accounts Payable & Accrued Expense Chart

Global Petroleum Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.16 0.11 0.07 0.11

Global Petroleum Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 0.07 0.08 0.11 0.09 0.02

Global Petroleum 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.


Global Petroleum (FRA:GLK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (FRA:GLK) » Definitions » Accounts Payable & Accrued Expense
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Address
C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000
Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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