Conrad Asia Energy (ASX:CRD) Accounts Payable & Accrued Expense : A$1.57 Mil (As of Dec. 2024)

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What is Conrad Asia Energy Accounts Payable & Accrued Expense?

Conrad Asia Energy's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$2.68 Mil) to Jun. 2024 (A$1.50 Mil) but then increased from Jun. 2024 (A$1.50 Mil) to Dec. 2024 (A$1.57 Mil).

Conrad Asia Energy's annual accounts payable & accrued expense increased from Dec. 2022 (A$1.02 Mil) to Dec. 2023 (A$2.68 Mil) but then declined from Dec. 2023 (A$2.68 Mil) to Dec. 2024 (A$1.57 Mil).

Conrad Asia Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Conrad Asia Energy'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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Conrad Asia Energy Accounts Payable & Accrued Expense Chart

Conrad Asia Energy Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

1.02

2.68

1.57

Conrad Asia Energy Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	1.02	3.25	2.68	1.50	1.57

Conrad Asia Energy 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.

Conrad Asia Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Conrad Asia Energy Ltd (ASX:CRD) » Definitions » Accounts Payable & Accrued Expense

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Address

South Quarter Tower A, 15th Floor, Unit H, JI. R.A. Kartini Kav. 8 Cilandak, Jakarta, IDN, 12430

Website

https://www.conradasia.com

Conrad Asia Energy Ltd is engaged in the oil and gas exploration and development business. It's an energy company currently focused on the exploration, appraisal, and development of natural gas projects in Southeast Asia, particularly in offshore waters.

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