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Vitesse Energy (MEX:VTS) Accounts Payable & Accrued Expense : MXN741 Mil (As of Mar. 2024)


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What is Vitesse Energy Accounts Payable & Accrued Expense?

Vitesse Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (MXN1,227 Mil) to Dec. 2023 (MXN905 Mil) and declined from Dec. 2023 (MXN905 Mil) to Mar. 2024 (MXN741 Mil).

Vitesse Energy's annual accounts payable & accrued expense increased from Nov. 2021 (MXN360 Mil) to Dec. 2022 (MXN519 Mil) and increased from Dec. 2022 (MXN519 Mil) to Dec. 2023 (MXN905 Mil).


Vitesse Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vitesse 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.

* Premium members only.

Vitesse Energy Accounts Payable & Accrued Expense Chart

Vitesse Energy Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 363.02 359.90 518.65 904.63

Vitesse Energy Quarterly Data
Nov19 Nov20 Aug21 Nov21 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 413.67 664.04 1,226.76 904.63 740.86

Vitesse 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.


Vitesse Energy (MEX:VTS) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vitesse Energy Inc (MEX:VTS) » Definitions » Accounts Payable & Accrued Expense
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Address
9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112
Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.