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Beach Energy (ASX:BPT) Accounts Payable & Accrued Expense : A$456 Mil (As of Dec. 2023)


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What is Beach Energy Accounts Payable & Accrued Expense?

Beach Energy's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$351 Mil) to Jun. 2023 (A$330 Mil) but then increased from Jun. 2023 (A$330 Mil) to Dec. 2023 (A$456 Mil).

Beach Energy's annual accounts payable & accrued expense increased from Jun. 2021 (A$263 Mil) to Jun. 2022 (A$335 Mil) but then declined from Jun. 2022 (A$335 Mil) to Jun. 2023 (A$330 Mil).


Beach Energy Accounts Payable & Accrued Expense Historical Data

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

Beach Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 324.40 276.40 263.20 334.90 329.90

Beach 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 263.60 334.90 351.40 329.90 455.80

Beach 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.


Beach Energy (ASX:BPT) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beach Energy Ltd (ASX:BPT) » Definitions » Accounts Payable & Accrued Expense
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Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.