OMV Petrom (LTS:0MA6) Accounts Payable & Accrued Expense : lei4,419 Mil (As of Mar. 2024)

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What is OMV Petrom Accounts Payable & Accrued Expense?

OMV Petrom's quarterly accounts payable & accrued expense increased from Sep. 2023 (lei4,769 Mil) to Dec. 2023 (lei5,820 Mil) but then declined from Dec. 2023 (lei5,820 Mil) to Mar. 2024 (lei4,419 Mil).

OMV Petrom's annual accounts payable & accrued expense increased from Dec. 2021 (lei4,399 Mil) to Dec. 2022 (lei5,727 Mil) and increased from Dec. 2022 (lei5,727 Mil) to Dec. 2023 (lei5,820 Mil).

OMV Petrom Accounts Payable & Accrued Expense Historical Data

The historical data trend for OMV Petrom'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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OMV Petrom Accounts Payable & Accrued Expense Chart

OMV Petrom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,040.18

3,315.81

4,399.46

5,726.67

5,820.04

OMV Petrom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,756.95	4,257.02	4,768.76	5,820.04	4,418.95

OMV Petrom 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.

OMV Petrom (LTS:0MA6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV Petrom SA (LTS:0MA6) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SNP:Romania

Address

22 Coralilor Street, District 1, Bucharest, ROU, 013329

Website

https://www.omvpetrom.com

OMV Petrom SA is an integrated oil and gas company operating in Romania. The company has three segments. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. The refining & Marketing segment produces & delivers gasoline, diesel & other petroleum products to its customers, while through filling stations networks offers also a variety of services & non-oil business (NOB) goods. The gas business unit, part of the Gas & Power segment, has the objective to focus on gas sales, & becoming a regional player. Business division Power, part of the Gas & Power segment, mainly extends the gas value chain into a gas-fired power plant. The majority is from Refining & marketing segment. Geographically, key revenue is from Romania.

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