QEP Resources (STU:Q8Q) Accounts Payable & Accrued Expense : €158.6 Mil (As of Dec. 2020)

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What is QEP Resources Accounts Payable & Accrued Expense?

QEP Resources's quarterly accounts payable & accrued expense increased from Jun. 2020 (€172.4 Mil) to Sep. 2020 (€173.5 Mil) but then declined from Sep. 2020 (€173.5 Mil) to Dec. 2020 (€158.6 Mil).

QEP Resources's annual accounts payable & accrued expense declined from Dec. 2018 (€276.5 Mil) to Dec. 2019 (€249.4 Mil) and declined from Dec. 2019 (€249.4 Mil) to Dec. 2020 (€158.6 Mil).

QEP Resources Accounts Payable & Accrued Expense Historical Data

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

QEP Resources Annual Data

Trend

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Dec20

Accounts Payable & Accrued Expense

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315.40

352.96

276.53

249.39

158.65

QEP Resources Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															249.39	255.30	172.36	173.45	158.65

QEP Resources 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.

QEP Resources (STU:Q8Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (STU:Q8Q) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 17th Street, Suite 800, Denver, CO, USA, 80265

Website

http://www.qepres.com

QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

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