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PTOAF (Cavvy Energy) Accounts Payable & Accrued Expense : $64.7 Mil (As of Mar. 2025)


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What is Cavvy Energy Accounts Payable & Accrued Expense?

Cavvy Energy's quarterly accounts payable & accrued expense declined from Sep. 2024 ($71.2 Mil) to Dec. 2024 ($67.3 Mil) and declined from Dec. 2024 ($67.3 Mil) to Mar. 2025 ($64.7 Mil).

Cavvy Energy's annual accounts payable & accrued expense increased from Dec. 2022 ($86.0 Mil) to Dec. 2023 ($90.9 Mil) but then declined from Dec. 2023 ($90.9 Mil) to Dec. 2024 ($67.3 Mil).


Cavvy Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cavvy Energy'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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Cavvy Energy Accounts Payable & Accrued Expense Chart

Cavvy Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.35 112.38 86.00 90.89 67.26

Cavvy Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 79.17 75.23 71.19 67.26 64.74

Cavvy Energy 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.


Cavvy Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cavvy Energy Ltd (OTCPK:PTOAF) » Definitions » Accounts Payable & Accrued Expense
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Address
1718 Argyle Street, Suite 730, Halifax, NS, CAN, B3J 3N6
Pieridae Energy Ltd is a Canadian-owned corporation e is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids (NGLs) and sulphur. It is an upstream producer and midstream operator with core assets concentrated along the foothills of the Rocky Mountains. Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.

Cavvy Energy Headlines