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Prosafe SE (OSL:PRS) Accounts Payable & Accrued Expense : kr150 Mil (As of Dec. 2023)


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What is Prosafe SE Accounts Payable & Accrued Expense?

Prosafe SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (kr537 Mil) to Sep. 2023 (kr414 Mil) and declined from Sep. 2023 (kr414 Mil) to Dec. 2023 (kr150 Mil).

Prosafe SE's annual accounts payable & accrued expense increased from Dec. 2021 (kr112 Mil) to Dec. 2022 (kr208 Mil) but then declined from Dec. 2022 (kr208 Mil) to Dec. 2023 (kr150 Mil).


Prosafe SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Accounts Payable & Accrued Expense Chart

Prosafe SE 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 271.62 94.04 112.26 208.47 149.80

Prosafe SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 208.47 436.04 536.58 413.97 149.80

Prosafe SE 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.


Prosafe SE (OSL:PRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (OSL:PRS) Headlines