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Dynagas LNG Partners LP (Dynagas LNG Partners LP) Accounts Payable & Accrued Expense : $0.70 Mil (As of Sep. 2023)


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What is Dynagas LNG Partners LP Accounts Payable & Accrued Expense?

Dynagas LNG Partners LP's quarterly accounts payable & accrued expense increased from Mar. 2023 ($2.68 Mil) to Jun. 2023 ($11.60 Mil) but then declined from Jun. 2023 ($11.60 Mil) to Sep. 2023 ($0.70 Mil).

Dynagas LNG Partners LP's annual accounts payable & accrued expense declined from Dec. 2020 ($7.73 Mil) to Dec. 2021 ($7.32 Mil) but then increased from Dec. 2021 ($7.32 Mil) to Dec. 2022 ($12.16 Mil).


Dynagas LNG Partners LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for Dynagas LNG Partners 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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Dynagas LNG Partners LP Accounts Payable & Accrued Expense Chart

Dynagas LNG Partners LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.25 9.34 7.73 7.32 12.16

Dynagas LNG Partners LP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.82 12.16 2.68 11.60 0.70

Dynagas LNG Partners 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.


Dynagas LNG Partners LP (Dynagas LNG Partners LP) Business Description

Industry
Traded in Other Exchanges
Address
Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.