Santos (Santos) Accounts Payable & Accrued Expense : $1,080 Mil (As of Dec. 2023)

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What is Santos Accounts Payable & Accrued Expense?

Santos's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1,145 Mil) to Jun. 2023 ($807 Mil) but then increased from Jun. 2023 ($807 Mil) to Dec. 2023 ($1,080 Mil).

Santos's annual accounts payable & accrued expense declined from Dec. 2021 ($1,215 Mil) to Dec. 2022 ($1,145 Mil) and declined from Dec. 2022 ($1,145 Mil) to Dec. 2023 ($1,080 Mil).

Santos Accounts Payable & Accrued Expense Historical Data

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

Santos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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719.00

558.00

1,215.00

1,145.00

1,080.00

Santos 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															1,215.00	957.00	1,145.00	807.00	1,080.00

Santos 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.

Santos (Santos) Business Description

Industry

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Traded in Other Exchanges

STOSF:USA STS1:Germany STO:Australia

Address

60 Flinders Street, Ground Floor Santos Centre, Adelaide, SA, AUS, 5000

Website

https://www.santos.com

Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.

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