Petro Matad (Petro Matad) Accounts Payable & Accrued Expense : $0.32 Mil (As of Jun. 2023)

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What is Petro Matad Accounts Payable & Accrued Expense?

Petro Matad's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0.39 Mil) to Dec. 2022 ($0.46 Mil) but then declined from Dec. 2022 ($0.46 Mil) to Jun. 2023 ($0.32 Mil).

Petro Matad's annual accounts payable & accrued expense increased from Dec. 2020 ($0.36 Mil) to Dec. 2021 ($0.37 Mil) and increased from Dec. 2021 ($0.37 Mil) to Dec. 2022 ($0.46 Mil).

Petro Matad Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petro Matad'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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Petro Matad Accounts Payable & Accrued Expense Chart

Petro Matad Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1.29

0.50

0.36

0.37

0.46

Petro Matad Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.90	0.37	0.39	0.46	0.32

Petro Matad 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.

Petro Matad (Petro Matad) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Matad Ltd (OTCPK:PRTDF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MATD:UK HA3:Germany

Address

Victory House, Prospect Hill, Douglas, IMN, IM1 1EQ

Website

https://www.petromatadgroup.com

Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. The company holds 100% interest in 3 PSC Blocks (IV, V, and XX) totaling more than 60,000 square kilometers and more than 21,000 square kilometers of prospective basins. The company's only geographical segment includes Mongolia.

Petro Matad (Petro Matad) Headlines

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