PEC (STU:QPE) Accounts Payable & Accrued Expense : €74.8 Mil (As of Dec. 2023)

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What is PEC Accounts Payable & Accrued Expense?

PEC's quarterly accounts payable & accrued expense declined from Dec. 2022 (€59.8 Mil) to Jun. 2023 (€28.6 Mil) but then increased from Jun. 2023 (€28.6 Mil) to Dec. 2023 (€74.8 Mil).

PEC's annual accounts payable & accrued expense declined from Jun. 2021 (€52.7 Mil) to Jun. 2022 (€21.8 Mil) but then increased from Jun. 2022 (€21.8 Mil) to Jun. 2023 (€28.6 Mil).

PEC Accounts Payable & Accrued Expense Historical Data

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

PEC Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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22.46

22.97

52.66

21.81

28.62

PEC 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															53.31	21.81	59.78	28.62	74.84

PEC 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.

PEC (STU:QPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEC Ltd (STU:QPE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IX2:Singapore QPE:Germany

Address

14 International Business Park, Singapore, SGP, 609922

Website

https://www.peceng.com

PEC Ltd is a Singapore-based company, which is engaged in the provision of mechanical engineering and contracting services. Its segments are Project works, Plant maintenance and related services and Other operations. The Plant maintenance and related services segment is a key revenue driver, which relate to maintenance services provided to the oil and gas, petrochemical and chemical terminal industries. The project works segment relates to provision of engineering, procurement and construction services for certain aspects of plant projects, such as tankage and/or piping work, procurement to the oil and gas, pharmaceutical and oil and chemical terminal industries. Other operations segment relates to heat treatment, information technology services and construction equipment leasing services.

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