PermRock Royalty Trust (PermRock Royalty Trust) Accounts Payable & Accrued Expense : $0.28 Mil (As of Mar. 2024)

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What is PermRock Royalty Trust Accounts Payable & Accrued Expense?

PermRock Royalty Trust's quarterly accounts payable & accrued expense declined from Sep. 2023 ($0.49 Mil) to Dec. 2023 ($0.37 Mil) and declined from Dec. 2023 ($0.37 Mil) to Mar. 2024 ($0.28 Mil).

PermRock Royalty Trust's annual accounts payable & accrued expense increased from Dec. 2021 ($0.85 Mil) to Dec. 2022 ($0.98 Mil) but then declined from Dec. 2022 ($0.98 Mil) to Dec. 2023 ($0.37 Mil).

PermRock Royalty Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for PermRock Royalty Trust'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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PermRock Royalty Trust Accounts Payable & Accrued Expense Chart

PermRock Royalty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.62

0.18

0.85

0.98

0.37

PermRock Royalty Trust 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															0.61	0.50	0.49	0.37	0.28

PermRock Royalty Trust 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.

PermRock Royalty Trust (PermRock Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PermRock Royalty Trust (NYSE:PRT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Blvd, Suite 850, Argent Trust Company, Trustee, Dallas, TX, USA, 75219-6291

Website

http://www.permrock.com

PermRock Royalty Trust operates as a statutory trust. It is focused on the acquisition, development, and operation of oil and natural gas properties in the Permian Basin.

Executives

Boaz Energy Ii, Llc	10 percent owner	3300 N. A STREET BLDG. 7 #150, MIDLAND TX 79705
Karan E Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Marshall J Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Ngp X Us Holdings Lp	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039
Ngp Boaz Energy Ii Co-invest Llc	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039