Prosafe SE (Prosafe SE) Accounts Payable & Accrued Expense : $32.1 Mil (As of Mar. 2024)

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What is Prosafe SE Accounts Payable & Accrued Expense?

Prosafe SE's quarterly accounts payable & accrued expense declined from Sep. 2023 ($38.6 Mil) to Dec. 2023 ($14.2 Mil) but then increased from Dec. 2023 ($14.2 Mil) to Mar. 2024 ($32.1 Mil).

Prosafe SE's annual accounts payable & accrued expense increased from Dec. 2021 ($12.5 Mil) to Dec. 2022 ($21.1 Mil) but then declined from Dec. 2022 ($21.1 Mil) to Dec. 2023 ($14.2 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.

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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

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30.10

10.80

12.50

21.10

14.20

Prosafe SE 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															41.40	49.70	38.60	14.20	32.10

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 (Prosafe SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OTCPK:PRSEF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PRSo:Sweden PRS:Norway 1Q6:Germany

Address

Forusparken 2, Stavanger, NOR, 4031

Website

https://www.prosafe.com

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 (Prosafe SE) Headlines

From GuruFocus

Invesco European Growth Fund Comments on Prosafe SE

By Vera Yuan Vera Yuan • 10-29-2014