International Petroleum (TSX:IPCO) Accounts Payable & Accrued Expense : C$48 Mil (As of Mar. 2024)

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What is International Petroleum Accounts Payable & Accrued Expense?

International Petroleum's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$99 Mil) to Dec. 2023 (C$94 Mil) and declined from Dec. 2023 (C$94 Mil) to Mar. 2024 (C$48 Mil).

International Petroleum's annual accounts payable & accrued expense increased from Dec. 2021 (C$51 Mil) to Dec. 2022 (C$79 Mil) and increased from Dec. 2022 (C$79 Mil) to Dec. 2023 (C$94 Mil).

International Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for International Petroleum'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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International Petroleum Accounts Payable & Accrued Expense Chart

International Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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63.49

37.25

50.69

79.22

94.20

International Petroleum 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															88.79	53.67	98.64	94.20	48.27

International Petroleum 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.

International Petroleum (TSX:IPCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Petroleum Corp (TSX:IPCO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IPCFF:USA IPCO:Sweden IPCOs:UK 0V1L:UK IPT:Germany

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.international-petroleum.com

International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.

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