Petrolia SE (OSL:PSE) Accounts Payable & Accrued Expense : kr45.8 Mil (As of Dec. 2023)

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What is Petrolia SE Accounts Payable & Accrued Expense?

Petrolia SE's quarterly accounts payable & accrued expense increased from Dec. 2022 (kr43.0 Mil) to Jun. 2023 (kr63.4 Mil) but then declined from Jun. 2023 (kr63.4 Mil) to Dec. 2023 (kr45.8 Mil).

Petrolia SE's annual accounts payable & accrued expense declined from Dec. 2021 (kr54.3 Mil) to Dec. 2022 (kr43.0 Mil) but then increased from Dec. 2022 (kr43.0 Mil) to Dec. 2023 (kr45.8 Mil).

Petrolia SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petrolia 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.

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Petrolia SE Accounts Payable & Accrued Expense Chart

Petrolia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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88.63

72.80

54.30

43.00

45.85

Petrolia SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															54.30	33.78	43.00	63.35	45.85

Petrolia 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.

Petrolia SE (OSL:PSE) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Accounts Payable & Accrued Expense

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PSEo:Sweden

Address

205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036

Website

https://www.petrolia.eu

Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

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