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Flex LNG (LTS:0RQ8) Accounts Payable & Accrued Expense : kr181 Mil (As of Sep. 2024)


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What is Flex LNG Accounts Payable & Accrued Expense?

Flex LNG's quarterly accounts payable & accrued expense increased from Mar. 2024 (kr221 Mil) to Jun. 2024 (kr237 Mil) but then declined from Jun. 2024 (kr237 Mil) to Sep. 2024 (kr181 Mil).

Flex LNG's annual accounts payable & accrued expense increased from Dec. 2021 (kr134 Mil) to Dec. 2022 (kr225 Mil) but then declined from Dec. 2022 (kr225 Mil) to Dec. 2023 (kr174 Mil).

Flex LNG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Flex LNG'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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Flex LNG Accounts Payable & Accrued Expense Chart

Flex LNG 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 68.63 154.10 134.46 225.35 173.79

Flex LNG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 224.97 173.79 221.03 237.24 181.04

Flex LNG 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.

Flex LNG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flex LNG Ltd (LTS:0RQ8) » Definitions » Accounts Payable & Accrued Expense
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Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Website
https://www.flexlng.com
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.

Flex LNG Headlines

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