ION Geophysical (FRA:IO8N) Accounts Payable & Accrued Expense : €66.70 Mil (As of Sep. 2021)

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What is ION Geophysical Accounts Payable & Accrued Expense?

ION Geophysical's quarterly accounts payable & accrued expense declined from Mar. 2021 (€55.99 Mil) to Jun. 2021 (€54.33 Mil) but then increased from Jun. 2021 (€54.33 Mil) to Sep. 2021 (€66.70 Mil).

ION Geophysical's annual accounts payable & accrued expense increased from Dec. 2018 (€71.27 Mil) to Dec. 2019 (€74.93 Mil) but then declined from Dec. 2019 (€74.93 Mil) to Dec. 2020 (€51.14 Mil).

ION Geophysical Accounts Payable & Accrued Expense Historical Data

The historical data trend for ION Geophysical'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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ION Geophysical Accounts Payable & Accrued Expense Chart

ION Geophysical Annual Data

Trend

Dec11

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Dec17

Dec18

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Dec20

Accounts Payable & Accrued Expense

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58.64

59.89

71.27

74.93

51.14

ION Geophysical Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															72.03	51.14	55.99	54.33	66.70

ION Geophysical 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.

ION Geophysical (FRA:IO8N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ION Geophysical Corp (FRA:IO8N) » Definitions » Accounts Payable & Accrued Expense

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Address

2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855

Website

https://www.iongeo.com

ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.

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