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Ascent Resources (LSE:AST) Accounts Payable & Accrued Expense : £0.52 Mil (As of Dec. 2023)


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What is Ascent Resources Accounts Payable & Accrued Expense?

Ascent Resources's quarterly accounts payable & accrued expense declined from Dec. 2022 (£0.48 Mil) to Jun. 2023 (£0.44 Mil) but then increased from Jun. 2023 (£0.44 Mil) to Dec. 2023 (£0.52 Mil).

Ascent Resources's annual accounts payable & accrued expense declined from Dec. 2021 (£0.60 Mil) to Dec. 2022 (£0.48 Mil) but then increased from Dec. 2022 (£0.48 Mil) to Dec. 2023 (£0.52 Mil).

Ascent Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ascent Resources'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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Ascent Resources Accounts Payable & Accrued Expense Chart

Ascent Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.63 0.60 0.48 0.52

Ascent Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.60 0.57 0.48 0.44 0.52

Ascent Resources 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.

Ascent Resources (LSE:AST) Business Description

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Traded in Other Exchanges
A2N:Germany
Address
5 New Street Square, London, GBR, EC4A 3TW
Website
https://www.ascentresources.co.uk
Ascent Resources PLC is an independent oil and gas exploration and production company. The company's portfolio consists of predominantly European onshore projects and operates the Petisovci tight gas project in Slovenia. It operates in two principal geographical areas: Slovenia and the United Kingdom. The company derives a majority of its revenue from the United Kingdom.