Karoon Energy (ASX:KAR) Accounts Payable & Accrued Expense : A$102 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Karoon Energy Accounts Payable & Accrued Expense?

Karoon Energy's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$104 Mil) to Jun. 2023 (A$85 Mil) but then increased from Jun. 2023 (A$85 Mil) to Dec. 2023 (A$102 Mil).

Karoon Energy's annual accounts payable & accrued expense declined from Jun. 2021 (A$100 Mil) to Jun. 2022 (A$97 Mil) and declined from Jun. 2022 (A$97 Mil) to Jun. 2023 (A$85 Mil).

Karoon Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Karoon 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.

* Premium members only.

Karoon Energy Accounts Payable & Accrued Expense Chart

Karoon Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

7.45

31.76

99.64

97.19

85.23

Karoon 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															96.69	97.19	104.04	85.23	102.04

Karoon 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.

Karoon Energy (ASX:KAR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.