IPB Petroleum (ASX:IPB) Accounts Payable & Accrued Expense : A$0.08 Mil (As of Dec. 2023)

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What is IPB Petroleum Accounts Payable & Accrued Expense?

IPB Petroleum's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.06 Mil) to Jun. 2023 (A$0.07 Mil) and increased from Jun. 2023 (A$0.07 Mil) to Dec. 2023 (A$0.08 Mil).

IPB Petroleum's annual accounts payable & accrued expense increased from Jun. 2022 (A$0.06 Mil) to Jun. 2023 (A$0.07 Mil) but then declined from Jun. 2023 (A$0.07 Mil) to Jun. 2024 (A$0.07 Mil).

IPB Petroleum Accounts Payable & Accrued Expense Historical Data

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

IPB Petroleum Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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0.63

0.14

0.06

0.07

IPB Petroleum Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.06	0.06	0.07	0.08	0.07

IPB Petroleum 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.

IPB Petroleum Business Description

Industry

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Address

1202 Hay Street, West Perth, WA, AUS, 3000

Website

https://www.ipbpet.com.au

IPB Petroleum Ltd is an Australian oil and gas exploration company. The company is focused on the oil-prone southern margin of the Browse Basin Offshore North Western Australia. It holds an interest in three petroleum exploration permits - WA-424-P, WA-471-P, and WA-485-P. The company has only one reportable segment being Oil and Gas Exploration in Australia.