Kelt Exploration (FRA:2KE) Accounts Payable & Accrued Expense : €60.6 Mil (As of Mar. 2024)

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What is Kelt Exploration Accounts Payable & Accrued Expense?

Kelt Exploration's quarterly accounts payable & accrued expense declined from Sep. 2023 (€69.5 Mil) to Dec. 2023 (€58.2 Mil) but then increased from Dec. 2023 (€58.2 Mil) to Mar. 2024 (€60.6 Mil).

Kelt Exploration's annual accounts payable & accrued expense increased from Dec. 2021 (€50.1 Mil) to Dec. 2022 (€57.9 Mil) and increased from Dec. 2022 (€57.9 Mil) to Dec. 2023 (€58.2 Mil).

Kelt Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kelt Exploration'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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Kelt Exploration Accounts Payable & Accrued Expense Chart

Kelt Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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51.99

23.47

50.09

57.88

58.22

Kelt Exploration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															70.42	50.17	69.53	58.22	60.61

Kelt Exploration 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.

Kelt Exploration (FRA:2KE) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (FRA:2KE) » Definitions » Accounts Payable & Accrued Expense

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KELTF:USA KEL:Canada

Address

311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2

Website

https://www.keltexploration.com

Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.

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