Adams Resources & Energy (Adams Resources & Energy) Accounts Payable & Accrued Expense : $234 Mil (As of Mar. 2024)

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What is Adams Resources & Energy Accounts Payable & Accrued Expense?

Adams Resources & Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 ($239 Mil) to Dec. 2023 ($198 Mil) but then increased from Dec. 2023 ($198 Mil) to Mar. 2024 ($234 Mil).

Adams Resources & Energy's annual accounts payable & accrued expense increased from Dec. 2021 ($179 Mil) to Dec. 2022 ($220 Mil) but then declined from Dec. 2022 ($220 Mil) to Dec. 2023 ($198 Mil).

Adams Resources & Energy Accounts Payable & Accrued Expense Historical Data

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

Adams Resources & Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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147.86

85.99

179.20

219.65

198.04

Adams Resources & 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															204.23	175.62	239.22	198.04	233.61

Adams Resources & 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.

Adams Resources & Energy (Adams Resources & Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Adams Resources & Energy Inc (AMEX:AE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

5QT:Germany

Address

17 South Briar Hollow Lane, Suite 100, Houston, TX, USA, 77027

Website

https://www.adamsresources.com

Adams Resources & Energy Inc is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals and dry bulk, and oil and gas exploration and production. The company operates through four business segments: Crude oil marketing segment offers crude oil marketing, transportation, and storage; Transportation segment includes tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; Pipeline and storage segment includes pipeline transportation, terminalling, and storage of crude oil; and Logistics and repurposing segment offers interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, crude oil, and other chemicals.

Executives

Leggio Michael F Iii	officer: Chief Operating Officer	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Dennis E. Dominic	director	C/O ADAMS RESOURCES & ENERGY, INC., 17 S. BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Townes G. Pressler	officer: Executive Chairman	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Tracy E Ohmart	officer: EVP, CFO	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Kevin J. Roycraft	officer: President, Service Transport	C/O ADAMS RESOURCES & ENERGY, INC., 17 S. BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Wade M Harrison	officer: President, Service Transport	C/O ADAMS RESOURCES & ENERGY, INC., 17 S. BRIAR HOLLOW LANE, HOUSTON TX 77027
Trey T Bosard	officer: President, Phoenix Oil, Inc.	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Niemann John O. Jr.	director	1415 LOUISIANA ST., STE. 4100, HOUSTON TX 77002
Murray E Brasseux	director	17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
William R Scofield	director	17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
Greg L Mills	officer: President, GulfMark Energy	C/O ADAMS RESOURCES & ENERGY, INC., 17 S. BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Michelle A Earley	director	17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
Geoffrey Griffith	officer: President, GulfMark Energy	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Larry E Bell	director	17 SOUTH BRIAR HOLLOW LANE, SUITE 100, HOUSTON TX 77027
Richard C Jenner	director	17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027