TETHF (Tethys Petroleum) Accounts Payable & Accrued Expense : $5.10 Mil (As of Dec. 2024)

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What is Tethys Petroleum Accounts Payable & Accrued Expense?

Tethys Petroleum's quarterly accounts payable & accrued expense declined from Jun. 2024 ($7.29 Mil) to Sep. 2024 ($6.16 Mil) and declined from Sep. 2024 ($6.16 Mil) to Dec. 2024 ($5.10 Mil).

Tethys Petroleum's annual accounts payable & accrued expense declined from Dec. 2022 ($11.96 Mil) to Dec. 2023 ($4.86 Mil) but then increased from Dec. 2023 ($4.86 Mil) to Dec. 2024 ($5.10 Mil).

Tethys Petroleum Accounts Payable & Accrued Expense Historical Data

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

Tethys Petroleum Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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8.89

18.02

11.96

4.86

5.10

Tethys Petroleum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.86	4.70	7.29	6.16	5.10

Tethys Petroleum 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.

Tethys Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Petroleum Ltd (OTCPK:TETHF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TP21:Germany TPL:Canada

Address

190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9005

Website

https://www.tethys-group.com

Tethys Petroleum Ltd is engaged in the acquisition of and exploration and development of crude oil and natural gas field. The company currently operated in Kazakhstan and others. Its projects include Kyzyloi Production Contract; Akkulka Exploration Contract and Kul-Bas Block.

Tethys Petroleum Headlines

From GuruFocus

Tethys Petroleum: A Growing Oil Producer Trading Below Book Value

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Tethys Petroleum: Gas Production

By [email protected] [email protected] • 10-02-2019