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Concho Resources (FRA:KIJ) Accounts Payable & Accrued Expense : €311 Mil (As of Sep. 2020)


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What is Concho Resources Accounts Payable & Accrued Expense?

Concho Resources's quarterly accounts payable & accrued expense declined from Mar. 2020 (€653 Mil) to Jun. 2020 (€369 Mil) and declined from Jun. 2020 (€369 Mil) to Sep. 2020 (€311 Mil).

Concho Resources's annual accounts payable & accrued expense increased from Dec. 2017 (€595 Mil) to Dec. 2018 (€994 Mil) but then declined from Dec. 2018 (€994 Mil) to Dec. 2019 (€881 Mil).


Concho Resources Accounts Payable & Accrued Expense Historical Data

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

Concho Resources Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 533.10 615.25 594.88 994.15 881.10

Concho Resources Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 687.36 881.10 653.41 368.52 310.73

Concho 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.


Concho Resources (FRA:KIJ) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Concho Resources Inc (FRA:KIJ) » Definitions » Accounts Payable & Accrued Expense
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Address
600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701
Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

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