ConocoPhillips (XSWX:COP) Accounts Payable & Accrued Expense : CHF7,682 Mil (As of Mar. 2024)

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What is ConocoPhillips Accounts Payable & Accrued Expense?

ConocoPhillips's quarterly accounts payable & accrued expense declined from Sep. 2023 (CHF7,886 Mil) to Dec. 2023 (CHF7,054 Mil) but then increased from Dec. 2023 (CHF7,054 Mil) to Mar. 2024 (CHF7,682 Mil).

ConocoPhillips's annual accounts payable & accrued expense increased from Dec. 2021 (CHF9,271 Mil) to Dec. 2022 (CHF10,902 Mil) but then declined from Dec. 2022 (CHF10,902 Mil) to Dec. 2023 (CHF7,054 Mil).

ConocoPhillips Accounts Payable & Accrued Expense Historical Data

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

ConocoPhillips Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,165.82

3,677.09

9,270.79

10,901.58

7,054.17

ConocoPhillips Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9,084.71	7,308.55	7,885.89	7,054.17	7,681.95

ConocoPhillips 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.

ConocoPhillips (XSWX:COP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

COP:USA COP:Mexico COP_KZ:Kazakhstan 1COP:Italy YCP:Germany COPH34:Brazil

Address

925 North Eldridge Parkway, Houston, TX, USA, 77079

Website

https://www.conocophillips.com

ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2022 were 6.6 billion barrels of oil equivalent.