Forza Petroleum (FRA:OYX0) Accounts Payable & Accrued Expense : €92.5 Mil (As of Sep. 2023)

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What is Forza Petroleum Accounts Payable & Accrued Expense?

Forza Petroleum's quarterly accounts payable & accrued expense increased from Mar. 2023 (€94.3 Mil) to Jun. 2023 (€94.5 Mil) but then declined from Jun. 2023 (€94.5 Mil) to Sep. 2023 (€92.5 Mil).

Forza Petroleum's annual accounts payable & accrued expense declined from Dec. 2020 (€37.9 Mil) to Dec. 2021 (€22.0 Mil) but then increased from Dec. 2021 (€22.0 Mil) to Dec. 2022 (€91.7 Mil).

Forza Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Forza Petroleum'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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Forza Petroleum Accounts Payable & Accrued Expense Chart

Forza Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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61.45

43.50

37.94

21.95

91.66

Forza Petroleum Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															90.13	91.66	94.25	94.52	92.52

Forza Petroleum 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.

Forza Petroleum (FRA:OYX0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forza Petroleum Ltd (FRA:OYX0) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9

Website

https://www.forzapetroleum.com

Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.

Forza Petroleum (FRA:OYX0) Headlines

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