Ardmore Shipping (Ardmore Shipping) Accounts Payable & Accrued Expense : $21.2 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Ardmore Shipping Accounts Payable & Accrued Expense?

Ardmore Shipping's quarterly accounts payable & accrued expense increased from Jun. 2023 ($23.1 Mil) to Sep. 2023 ($27.0 Mil) but then declined from Sep. 2023 ($27.0 Mil) to Dec. 2023 ($21.2 Mil).

Ardmore Shipping's annual accounts payable & accrued expense increased from Dec. 2021 ($20.0 Mil) to Dec. 2022 ($30.6 Mil) but then declined from Dec. 2022 ($30.6 Mil) to Dec. 2023 ($21.2 Mil).

Ardmore Shipping Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ardmore Shipping'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.

* Premium members only.

Ardmore Shipping Accounts Payable & Accrued Expense Chart

Ardmore Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

21.95

21.13

19.97

30.57

21.22

Ardmore Shipping 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															30.57	21.68	23.11	27.00	21.22

Ardmore Shipping 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.

Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.