NewMed Energy LP (XTAE:NWMD) Accounts Payable & Accrued Expense : ₪471 Mil (As of Dec. 2023)

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What is NewMed Energy LP Accounts Payable & Accrued Expense?

NewMed Energy LP's quarterly accounts payable & accrued expense increased from Jun. 2023 (₪414 Mil) to Sep. 2023 (₪426 Mil) and increased from Sep. 2023 (₪426 Mil) to Dec. 2023 (₪471 Mil).

NewMed Energy LP's annual accounts payable & accrued expense declined from Dec. 2021 (₪935 Mil) to Dec. 2022 (₪528 Mil) and declined from Dec. 2022 (₪528 Mil) to Dec. 2023 (₪471 Mil).

NewMed Energy LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for NewMed Energy LP'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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NewMed Energy LP Accounts Payable & Accrued Expense Chart

NewMed Energy LP Annual Data

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Dec23

Accounts Payable & Accrued Expense

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621.65

270.24

935.36

527.93

470.99

NewMed Energy LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															527.93	670.85	414.41	425.80	470.99

NewMed Energy LP 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.

NewMed Energy LP (XTAE:NWMD) Business Description

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DKDRF:USA

Address

19 Abba Even Boulevard, Hertzliya Pituach, Hertzliya, ISR, 4672537

Website

https://www.newmedenergy.com

NewMed Energy LP is engaged in the exploration, development, and production of oil, condensate, and natural gas. It mainly markets fuel products across Israel and holds interests in several significant gas findings in the Mediterranean Sea region, which include, the Tamar finding, Leviathan finding, and Aphrodite finding in Cyprus.

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