Calfrac Well Services (TSX:CFW) Accounts Payable & Accrued Expense : C$177 Mil (As of Dec. 2023)

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What is Calfrac Well Services Accounts Payable & Accrued Expense?

Calfrac Well Services's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$181 Mil) to Sep. 2023 (C$194 Mil) but then declined from Sep. 2023 (C$194 Mil) to Dec. 2023 (C$177 Mil).

Calfrac Well Services's annual accounts payable & accrued expense increased from Dec. 2021 (C$127 Mil) to Dec. 2022 (C$173 Mil) and increased from Dec. 2022 (C$173 Mil) to Dec. 2023 (C$177 Mil).

Calfrac Well Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Calfrac Well Services'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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Calfrac Well Services Accounts Payable & Accrued Expense Chart

Calfrac Well Services Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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143.23

101.78

127.44

172.57

176.82

Calfrac Well Services 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															172.57	215.69	180.50	193.90	176.82

Calfrac Well Services 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.

Calfrac Well Services (TSX:CFW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Calfrac Well Services Ltd (TSX:CFW) » Definitions » Accounts Payable & Accrued Expense

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CFWFF:USA

Address

407 - 8th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 1E5

Website

https://www.calfrac.com

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other good completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.

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