Gran Tierra Energy (TSX:GTE) Accounts Payable & Accrued Expense : C$310.8 Mil (As of Mar. 2024)

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What is Gran Tierra Energy Accounts Payable & Accrued Expense?

Gran Tierra Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$301.6 Mil) to Dec. 2023 (C$279.1 Mil) but then increased from Dec. 2023 (C$279.1 Mil) to Mar. 2024 (C$310.8 Mil).

Gran Tierra Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$193.2 Mil) to Dec. 2022 (C$303.6 Mil) but then declined from Dec. 2022 (C$303.6 Mil) to Dec. 2023 (C$279.1 Mil).

Gran Tierra Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gran Tierra Energy'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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Gran Tierra Energy Accounts Payable & Accrued Expense Chart

Gran Tierra Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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248.44

126.92

193.19

303.63

279.06

Gran Tierra Energy 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															345.91	303.24	301.59	279.06	310.81

Gran Tierra Energy 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.

Gran Tierra Energy (TSX:GTE) Business Description

Industry

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Traded in Other Exchanges

GTE:USA GTE:UK G1P0:Germany

Address

500 Centre Street South East, Calgary, AB, CAN, T2G 1A6

Website

https://www.grantierra.com

Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.

Executives

Ronald William Royal

Director