Global Partners LP (Global Partners LP) Accounts Payable & Accrued Expense : $691.40 Mil (As of Mar. 2024)

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What is Global Partners LP Accounts Payable & Accrued Expense?

Global Partners LP's quarterly accounts payable & accrued expense increased from Sep. 2023 ($750.19 Mil) to Dec. 2023 ($790.19 Mil) but then declined from Dec. 2023 ($790.19 Mil) to Mar. 2024 ($691.40 Mil).

Global Partners LP's annual accounts payable & accrued expense increased from Dec. 2021 ($449.74 Mil) to Dec. 2022 ($633.76 Mil) and increased from Dec. 2022 ($633.76 Mil) to Dec. 2023 ($790.19 Mil).

Global Partners LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Partners LP'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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Global Partners LP Accounts Payable & Accrued Expense Chart

Global Partners LP Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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464.27

291.14

449.74

633.76

790.19

Global Partners LP 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															448.89	594.88	750.19	790.19	691.40

Global Partners LP 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.

Global Partners LP (Global Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Partners LP (NYSE:GLPpB.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

GEL NVGS LPG DHT TNP TK NGL OSG KNTK PBT TSX:ENB EPD ET WMB OKE KMI MPLX TSX:TRP LNG TRGP

Traded in Other Exchanges

GLP:USA

Address

800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161

Website

https://www.globalp.com

Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.