Helios Energy (ASX:HE8) Accounts Payable & Accrued Expense : A$0.43 Mil (As of Dec. 2023)

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What is Helios Energy Accounts Payable & Accrued Expense?

Helios Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$1.00 Mil) to Jun. 2023 (A$1.11 Mil) but then declined from Jun. 2023 (A$1.11 Mil) to Dec. 2023 (A$0.43 Mil).

Helios Energy's annual accounts payable & accrued expense increased from Jun. 2021 (A$0.36 Mil) to Jun. 2022 (A$1.56 Mil) but then declined from Jun. 2022 (A$1.56 Mil) to Jun. 2023 (A$1.11 Mil).

Helios Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Helios 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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Helios Energy Accounts Payable & Accrued Expense Chart

Helios Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.96

0.41

0.36

1.56

1.11

Helios Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.54	1.56	1.00	1.11	0.43

Helios 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.

Helios Energy (ASX:HE8) Business Description

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HLEGF:USA

Address

295 Rokeby Road, Suite 6, Subiaco, WA, AUS, 6008

Website

https://www.heliosenergyltd.com

Helios Energy Ltd is an Australian firm engaged in the exploration and development of oil and gas properties. Its project includes Presidio Oil Project located in Texas, United States. The Group is organised into two operating segments, being oil and gas exploration in the USA and helium in China. The firm realizes revenue from Oil sales.

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