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Petroteq Energy (FRA:PQCF) Accounts Payable & Accrued Expense : €5.75 Mil (As of May. 2022)


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What is Petroteq Energy Accounts Payable & Accrued Expense?

Petroteq Energy's quarterly accounts payable & accrued expense declined from Nov. 2021 (€3.85 Mil) to Feb. 2022 (€3.76 Mil) but then increased from Feb. 2022 (€3.76 Mil) to May. 2022 (€5.75 Mil).

Petroteq Energy's annual accounts payable & accrued expense increased from Aug. 2019 (€3.76 Mil) to Aug. 2020 (€4.10 Mil) but then declined from Aug. 2020 (€4.10 Mil) to Aug. 2021 (€3.54 Mil).


Petroteq Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petroteq Energy'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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Petroteq Energy Accounts Payable & Accrued Expense Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 2.60 3.76 4.10 3.54

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 4.20 3.54 3.85 3.76 5.75

Petroteq Energy 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.


Petroteq Energy (FRA:PQCF) Business Description

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Address
15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.

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