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KELTF (Kelt Exploration) Accounts Payable & Accrued Expense : $79.9 Mil (As of Mar. 2025)


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What is Kelt Exploration Accounts Payable & Accrued Expense?

Kelt Exploration's quarterly accounts payable & accrued expense declined from Sep. 2024 ($70.3 Mil) to Dec. 2024 ($56.5 Mil) but then increased from Dec. 2024 ($56.5 Mil) to Mar. 2025 ($79.9 Mil).

Kelt Exploration's annual accounts payable & accrued expense increased from Dec. 2022 ($61.3 Mil) to Dec. 2023 ($63.5 Mil) but then declined from Dec. 2023 ($63.5 Mil) to Dec. 2024 ($56.5 Mil).

Kelt Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kelt Exploration'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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Kelt Exploration Accounts Payable & Accrued Expense Chart

Kelt Exploration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.55 56.60 61.31 63.49 56.48

Kelt Exploration Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 65.89 71.98 70.32 56.48 79.91

Kelt Exploration 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.

Kelt Exploration Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (OTCPK:KELTF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
KEL:Canada
Address
311 6th Avenue S.W, Suite 300, East Tower, Calgary, AB, CAN, T2P 3H2
Website
https://www.keltexploration.com
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.