Terrace Energy (TSXV:TZR.H) Accounts Payable & Accrued Expense : C$0.03 Mil (As of Oct. 2023)

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What is Terrace Energy Accounts Payable & Accrued Expense?

Terrace Energy's quarterly accounts payable & accrued expense declined from Apr. 2023 (C$0.03 Mil) to Jul. 2023 (C$0.02 Mil) but then increased from Jul. 2023 (C$0.02 Mil) to Oct. 2023 (C$0.03 Mil).

Terrace Energy's annual accounts payable & accrued expense declined from Jan. 2021 (C$0.75 Mil) to Jan. 2022 (C$0.45 Mil) and declined from Jan. 2022 (C$0.45 Mil) to Jan. 2023 (C$0.02 Mil).

Terrace Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Terrace 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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Terrace Energy Accounts Payable & Accrued Expense Chart

Terrace Energy Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

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0.78

0.75

0.45

0.02

Terrace Energy Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	0.02	0.03	0.02	0.03

Terrace 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.

Terrace Energy (TSXV:TZR.H) Business Description

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TCRRF:USA

Address

1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2

Website

https://www.terraceenergy.net

Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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