Sound Energy (Sound Energy) Accounts Payable & Accrued Expense : $3.41 Mil (As of Dec. 2023)

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What is Sound Energy Accounts Payable & Accrued Expense?

Sound Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 ($1.14 Mil) to Jun. 2023 ($2.40 Mil) and increased from Jun. 2023 ($2.40 Mil) to Dec. 2023 ($3.41 Mil).

Sound Energy's annual accounts payable & accrued expense increased from Dec. 2021 ($0.95 Mil) to Dec. 2022 ($1.14 Mil) and increased from Dec. 2022 ($1.14 Mil) to Dec. 2023 ($3.41 Mil).

Sound Energy Accounts Payable & Accrued Expense Historical Data

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

Sound Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.83

1.86

0.95

1.14

3.41

Sound Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.95	7.62	1.14	2.40	3.41

Sound 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.

Sound Energy (Sound Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sound Energy PLC (OTCPK:SNEGF) » Definitions » Accounts Payable & Accrued Expense

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SOU:UK 88S1:Germany

Address

20 St Dunstan's Hill, London, GBR, EC3R 8HL

Website

https://www.soundenergyplc.com

Sound Energy PLC is a transitional energy company, with two-phase development projects in Morocco which include a micro-LNG project, a cornerstone investor, and sizeable exploration potential with ESG at its core. It owns the Tendrara Production concession (75% effective interest) with recoverable resources of 377Bcf (2C) natural gas discovery (TE-5 Horst) in the Triassic TAGI gas reservoir; the Greater Tendrara Exploration permit (75% effective interest); the Anoual exploration permit (75% effective interest) and a 75% effective interest in Sidi Mokhtar on the Atlantic seaboard of Morocco.

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