Indonesia Energy (Indonesia Energy) Accounts Payable & Accrued Expense : $0.97 Mil (As of Dec. 2023)

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What is Indonesia Energy Accounts Payable & Accrued Expense?

Indonesia Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 ($0.89 Mil) to Jun. 2023 ($0.90 Mil) and increased from Jun. 2023 ($0.90 Mil) to Dec. 2023 ($0.97 Mil).

Indonesia Energy's annual accounts payable & accrued expense declined from Dec. 2021 ($1.83 Mil) to Dec. 2022 ($0.89 Mil) but then increased from Dec. 2022 ($0.89 Mil) to Dec. 2023 ($0.97 Mil).

Indonesia Energy Accounts Payable & Accrued Expense Historical Data

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

Indonesia Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.60

0.83

1.83

0.89

0.97

Indonesia Energy Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								1.83	0.91	0.89	0.90	0.97

Indonesia 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.

Indonesia Energy (Indonesia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indonesia Energy Corp Ltd (AMEX:INDO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Pasar Minggu No. 17A, Gedung Graha Anugerah, Kelurahan Pancoran, Kecamatan Pancoran, Jakarta Selatan, Jakarta, IDN, 12780

Website

https://www.indo-energy.com

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.