Tethys Oil AB (OSTO:TETY) Accounts Payable & Accrued Expense : kr135 Mil (As of Mar. 2024)

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What is Tethys Oil AB Accounts Payable & Accrued Expense?

Tethys Oil AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr285 Mil) to Dec. 2023 (kr182 Mil) and declined from Dec. 2023 (kr182 Mil) to Mar. 2024 (kr135 Mil).

Tethys Oil AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr117 Mil) to Dec. 2022 (kr188 Mil) but then declined from Dec. 2022 (kr188 Mil) to Dec. 2023 (kr182 Mil).

Tethys Oil AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tethys Oil AB'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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Tethys Oil AB Accounts Payable & Accrued Expense Chart

Tethys Oil AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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105.64

50.18

117.26

187.84

181.56

Tethys Oil AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															183.34	280.00	284.88	181.56	135.35

Tethys Oil AB 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.

Tethys Oil AB (OSTO:TETY) Business Description

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Traded in Other Exchanges

TZB0:Germany

Address

Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48

Website

https://www.tethysoil.com

Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

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