Fenikso (AQSE:FNK) Accounts Payable & Accrued Expense : £2.03 Mil (As of Jun. 2023)

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What is Fenikso Accounts Payable & Accrued Expense?

Fenikso's quarterly accounts payable & accrued expense increased from Jun. 2022 (£0.71 Mil) to Dec. 2022 (£1.23 Mil) and increased from Dec. 2022 (£1.23 Mil) to Jun. 2023 (£2.03 Mil).

Fenikso's annual accounts payable & accrued expense declined from Dec. 2020 (£13.32 Mil) to Dec. 2021 (£0.95 Mil) but then increased from Dec. 2021 (£0.95 Mil) to Dec. 2022 (£1.23 Mil).

Fenikso Accounts Payable & Accrued Expense Historical Data

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

Fenikso Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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10.77

8.43

13.32

0.95

1.23

Fenikso Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.42	0.95	0.71	1.23	2.03

Fenikso 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.

Fenikso (AQSE:FNK) Business Description

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LEKOF:USA

Address

Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9008

Website

https://www.feniksoplc.com

Fenikso Ltd, formerly Lekoil Ltd is functional in the upstream oil and gas industry in Nigeria. The company's business involves exploring potential oil and natural gas and processing of the acquired crude reserves. In collaboration with its subsidiaries including Lekoil Nigeria Limited, Lekoil Exploration and Production (Pty) Limited and Lekoil Management Corporation, the company operates in its assets, which are based in Nigeria such as the Otakikpo marginal field, Nigeria Dahomey Basin OPL310 and Nigeria Dahomey Basin OPL 325. The Otakikpo marginal field lies in a coastal swamp location in Oil Mining Lease (OML) 11. The OPL 310 license located in the Upper Cretaceous fairway, runs along the West African Transform Margin. Lekoil also has projects in Namibia, United States and Cayman.