ARC Resources (FRA:8RC) Accounts Payable & Accrued Expense : €532 Mil (As of Mar. 2024)

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What is ARC Resources Accounts Payable & Accrued Expense?

ARC Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 (€562 Mil) to Dec. 2023 (€584 Mil) but then declined from Dec. 2023 (€584 Mil) to Mar. 2024 (€532 Mil).

ARC Resources's annual accounts payable & accrued expense increased from Dec. 2021 (€575 Mil) to Dec. 2022 (€892 Mil) but then declined from Dec. 2022 (€892 Mil) to Dec. 2023 (€584 Mil).

ARC Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for ARC Resources'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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ARC Resources Accounts Payable & Accrued Expense Chart

ARC Resources Annual Data

Trend

Dec14

Dec15

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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114.95

93.89

574.56

892.44

584.40

ARC Resources 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															555.84	485.75	561.74	584.40	532.25

ARC Resources 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.

ARC Resources (FRA:8RC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (FRA:8RC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AETUF:USA 8RC:Germany ARX:Canada

Address

308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7

Website

https://www.arcresources.com

ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

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