Devon Energy (BSP:D1VN34) Accounts Payable & Accrued Expense : R$9,711 Mil (As of Dec. 2023)

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What is Devon Energy Accounts Payable & Accrued Expense?

Devon Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$9,911 Mil) to Sep. 2023 (R$11,092 Mil) but then declined from Sep. 2023 (R$11,092 Mil) to Dec. 2023 (R$9,711 Mil).

Devon Energy's annual accounts payable & accrued expense increased from Dec. 2021 (R$11,061 Mil) to Dec. 2022 (R$12,405 Mil) but then declined from Dec. 2022 (R$12,405 Mil) to Dec. 2023 (R$9,711 Mil).

Devon Energy Accounts Payable & Accrued Expense Historical Data

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

Devon Energy Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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4,753.01

4,650.81

11,060.98

12,405.37

9,711.40

Devon Energy 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															12,405.37	11,464.13	9,911.26	11,092.32	9,711.40

Devon 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.

Devon Energy (BSP:D1VN34) Business Description

Industry

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Address

333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015

Website

https://www.devonenergy.com

Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

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