SNGN Romgaz (LSE:SNGR) Accounts Payable & Accrued Expense : $406 Mil (As of Sep. 2023)

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What is SNGN Romgaz Accounts Payable & Accrued Expense?

SNGN Romgaz's quarterly accounts payable & accrued expense increased from Mar. 2023 ($456 Mil) to Jun. 2023 ($606 Mil) but then declined from Jun. 2023 ($606 Mil) to Sep. 2023 ($406 Mil).

SNGN Romgaz's annual accounts payable & accrued expense increased from Dec. 2020 ($68 Mil) to Dec. 2021 ($136 Mil) and increased from Dec. 2021 ($136 Mil) to Dec. 2022 ($304 Mil).

SNGN Romgaz Accounts Payable & Accrued Expense Historical Data

The historical data trend for SNGN Romgaz'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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SNGN Romgaz Accounts Payable & Accrued Expense Chart

SNGN Romgaz Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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96.63

72.65

68.30

136.45

304.00

SNGN Romgaz 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															155.14	304.00	455.97	605.70	405.95

SNGN Romgaz 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.

SNGN Romgaz (LSE:SNGR) Business Description

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SNG:Romania RZ8G:Germany

Address

4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130

Website

https://www.romgaz.ro

SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.

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