Canadian Overseas Petroleum (LSE:COPL) Accounts Payable & Accrued Expense : £9.34 Mil (As of Sep. 2023)

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What is Canadian Overseas Petroleum Accounts Payable & Accrued Expense?

Canadian Overseas Petroleum's quarterly accounts payable & accrued expense declined from Mar. 2023 (£7.01 Mil) to Jun. 2023 (£6.84 Mil) but then increased from Jun. 2023 (£6.84 Mil) to Sep. 2023 (£9.34 Mil).

Canadian Overseas Petroleum's annual accounts payable & accrued expense increased from Dec. 2020 (£0.79 Mil) to Dec. 2021 (£9.35 Mil) but then declined from Dec. 2021 (£9.35 Mil) to Dec. 2022 (£8.71 Mil).

Canadian Overseas Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Canadian Overseas 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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Canadian Overseas Petroleum Accounts Payable & Accrued Expense Chart

Canadian Overseas Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.27

1.09

0.79

9.35

8.71

Canadian Overseas Petroleum 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															10.32	8.71	7.01	6.84	9.34

Canadian Overseas 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.

Canadian Overseas Petroleum (LSE:COPL) Business Description

Industry

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VELXF:USA V9L:Germany XOP:Canada

Address

715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6

Website

https://www.canoverseas.com

Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.

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