Source Energy Services (FRA:S4O0) Accounts Payable & Accrued Expense : €47.3 Mil (As of Mar. 2024)

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What is Source Energy Services Accounts Payable & Accrued Expense?

Source Energy Services's quarterly accounts payable & accrued expense increased from Sep. 2023 (€42.6 Mil) to Dec. 2023 (€48.2 Mil) but then declined from Dec. 2023 (€48.2 Mil) to Mar. 2024 (€47.3 Mil).

Source Energy Services's annual accounts payable & accrued expense increased from Dec. 2021 (€20.3 Mil) to Dec. 2022 (€47.5 Mil) and increased from Dec. 2022 (€47.5 Mil) to Dec. 2023 (€48.2 Mil).

Source Energy Services Accounts Payable & Accrued Expense Historical Data

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

Source Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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30.13

21.32

20.28

47.55

48.21

Source Energy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															46.50	44.19	42.63	48.21	47.29

Source Energy Services 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.

Source Energy Services (FRA:S4O0) Business Description

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SCEYF:USA SHLE:Canada

Address

500, 1060 - 7th Street SW, Calgary, AB, CAN, T2R 0C4

Website

https://www.sourceenergyservices.com

Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.

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