Petro USA (Petro USA) Accounts Payable & Accrued Expense : $0.13 Mil (As of Dec. 2023)

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What is Petro USA Accounts Payable & Accrued Expense?

Petro USA's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.12 Mil) to Sep. 2023 ($0.13 Mil) and increased from Sep. 2023 ($0.13 Mil) to Dec. 2023 ($0.13 Mil).

Petro USA's annual accounts payable & accrued expense declined from Jun. 2021 ($0.11 Mil) to Jun. 2022 ($0.10 Mil) but then increased from Jun. 2022 ($0.10 Mil) to Jun. 2023 ($0.12 Mil).

Petro USA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petro USA'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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Petro USA Accounts Payable & Accrued Expense Chart

Petro USA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.07

0.09

0.11

0.10

0.12

Petro USA 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															0.12	0.12	0.12	0.13	0.13

Petro USA 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.

Petro USA (Petro USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Petro USA Inc (OTCPK:PBAJ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7325 Oswego Road, Liverpool, NY, USA, 13090

Website

https://www.allstatepropertiesholdings.com

Petro USA Inc, formerly All State Properties Holdings Inc not commenced any planned principal operations.

Executives

Joseph Charles Passalaqua	director, 10 percent owner, officer: CEO	106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Robert L Hamilton	director, 10 percent owner, officer: President/CEO	3431 FAIRWAY DR, SOMERSET KY 42503
John C Miller	officer: President & COO	6465 N. QUAIL HOLLOW RD, SUITE 200, MEMPHIS TN 38120-1417
E Robert Gates	director, 10 percent owner, officer: Chief Executive Officer	222O HICKORY CREST DR, MEMPHIS TN 38120
Belmont Partners, Llc	director, 10 percent owner, officer: President	360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
Joseph J Meuse	director, 10 percent owner, officer: President	211 FALMOUTH STREET, WARRENTON VA 20186

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