Essential Energy Services (TSX:ESN) Accounts Payable & Accrued Expense : C$13.8 Mil (As of Jun. 2023)

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What is Essential Energy Services Accounts Payable & Accrued Expense?

Essential Energy Services's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$14.3 Mil) to Mar. 2023 (C$19.4 Mil) but then declined from Mar. 2023 (C$19.4 Mil) to Jun. 2023 (C$13.8 Mil).

Essential Energy Services's annual accounts payable & accrued expense increased from Dec. 2020 (C$8.9 Mil) to Dec. 2021 (C$14.4 Mil) but then declined from Dec. 2021 (C$14.4 Mil) to Dec. 2022 (C$14.3 Mil).

Essential Energy Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Essential Energy Services'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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Essential Energy Services Accounts Payable & Accrued Expense Chart

Essential Energy Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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16.09

11.55

8.93

14.42

14.34

Essential Energy Services Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.56	16.58	14.34	19.36	13.77

Essential Energy Services 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.

Essential Energy Services (TSX:ESN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Essential Energy Services Ltd (TSX:ESN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.essentialenergy.ca

Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.

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