Savannah Energy (LSE:SAVE) Accounts Payable & Accrued Expense : £141.0 Mil (As of Jun. 2023)

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What is Savannah Energy Accounts Payable & Accrued Expense?

Savannah Energy's quarterly accounts payable & accrued expense increased from Jun. 2022 (£115.9 Mil) to Dec. 2022 (£274.0 Mil) but then declined from Dec. 2022 (£274.0 Mil) to Jun. 2023 (£141.0 Mil).

Savannah Energy's annual accounts payable & accrued expense increased from Dec. 2020 (£87.2 Mil) to Dec. 2021 (£102.2 Mil) and increased from Dec. 2021 (£102.2 Mil) to Dec. 2022 (£274.0 Mil).

Savannah Energy Accounts Payable & Accrued Expense Historical Data

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

Savannah Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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17.14

59.58

87.17

102.21

273.97

Savannah Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														92.34	102.21	115.92	273.97	140.96

Savannah 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.

Savannah Energy (LSE:SAVE) Business Description

Industry

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Traded in Other Exchanges

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Address

40 Bank Street, London, GBR, E14 5NR

Website

https://www.savannah-energy.com

Savannah Energy PLC is an energy producer in Nigeria and, via its controlling interest in the Accugas midstream business. It currently provides gas to power stations accounting for over 10% of Nigeria's power generation capacity and operates privately-owned gas transportation and distribution systems in sub-Saharan Africa. In Niger, it is focused on developing its flagship assets in the prolific Agadem Rift Basin, with plans to deliver the first oil in the near term. Its geographical segments are Nigeria, Cameroon, and Niger. It generates the majority of its revenue from Nigeria.