PennPetro Energy (LSE:PPP) Accounts Payable & Accrued Expense : £0.65 Mil (As of Sep. 2023)

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What is PennPetro Energy Accounts Payable & Accrued Expense?

PennPetro Energy's quarterly accounts payable & accrued expense increased from Dec. 2021 (£0.31 Mil) to Jun. 2022 (£0.94 Mil) but then declined from Jun. 2022 (£0.94 Mil) to Sep. 2023 (£0.65 Mil).

PennPetro Energy's annual accounts payable & accrued expense increased from Dec. 2018 (£0.07 Mil) to Dec. 2019 (£0.08 Mil) and increased from Dec. 2019 (£0.08 Mil) to Dec. 2020 (£0.22 Mil).

PennPetro Energy Accounts Payable & Accrued Expense Historical Data

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

PennPetro Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

0.07

0.08

0.22

PennPetro Energy Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.22	0.36	0.31	0.94	0.65

PennPetro 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.

PennPetro Energy Business Description

Industry

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Traded in Other Exchanges

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Address

20b Wilton Row, London, GBR, SW1 7NS

Website

http://www.pennpetroenergy.co.uk

PennPetro Energy PLC operates as an oil and gas production company. The principal activity of the group is onshore oil and gas exploration and production in the United States of America. It operates in two geographical areas, the United Kingdom and the United States of America.

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