Newfield Exploration Co (FRA:NX9) Accounts Payable & Accrued Expense : €683 Mil (As of Sep. 2018)

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What is Newfield Exploration Co Accounts Payable & Accrued Expense?

Newfield Exploration Co's quarterly accounts payable & accrued expense increased from Mar. 2018 (€547 Mil) to Jun. 2018 (€681 Mil) and increased from Jun. 2018 (€681 Mil) to Sep. 2018 (€683 Mil).

Newfield Exploration Co's annual accounts payable & accrued expense declined from Dec. 2015 (€532 Mil) to Dec. 2016 (€509 Mil) but then increased from Dec. 2016 (€509 Mil) to Dec. 2017 (€569 Mil).

Newfield Exploration Co Accounts Payable & Accrued Expense Historical Data

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

Newfield Exploration Co Annual Data

Trend

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Accounts Payable & Accrued Expense

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754.09

716.92

531.52

509.08

568.69

Newfield Exploration Co Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															554.58	568.69	547.43	681.38	683.03

Newfield Exploration Co 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.

Newfield Exploration Co (FRA:NX9) Business Description

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Address

Website

http://www.newfield.com

Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.

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