Oil and Gas Exploration and Production AD (XBUL:NGAZ) Accounts Payable & Accrued Expense : лв19.17 Mil (As of Dec. 2022)

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What is Oil and Gas Exploration and Production AD Accounts Payable & Accrued Expense?

Oil and Gas Exploration and Production AD's quarterly accounts payable & accrued expense declined from Dec. 2020 (лв22.15 Mil) to Dec. 2021 (лв18.86 Mil) but then increased from Dec. 2021 (лв18.86 Mil) to Dec. 2022 (лв19.17 Mil).

Oil and Gas Exploration and Production AD's annual accounts payable & accrued expense declined from Dec. 2020 (лв22.15 Mil) to Dec. 2021 (лв18.86 Mil) but then increased from Dec. 2021 (лв18.86 Mil) to Dec. 2022 (лв19.17 Mil).

Oil and Gas Exploration and Production AD Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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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Oil and Gas Exploration and Production AD Accounts Payable & Accrued Expense Chart

Oil and Gas Exploration and Production AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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18.74

19.10

22.15

18.86

19.17

Oil and Gas Exploration and Production AD Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									18.74	19.10	22.15	18.86	19.17

Oil and Gas Exploration and Production AD 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.

Oil and Gas Exploration and Production AD (XBUL:NGAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil and Gas Exploration and Production AD (XBUL:NGAZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2, Stefan Karadja Street, Sofia, BGR, 1080

Website

http://www.ogep-bg.com

Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

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