TOP Ships (TOP Ships) Accounts Payable & Accrued Expense : $8.36 Mil (As of Dec. 2023)

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What is TOP Ships Accounts Payable & Accrued Expense?

TOP Ships's quarterly accounts payable & accrued expense declined from Dec. 2022 ($4.25 Mil) to Jun. 2023 ($3.84 Mil) but then increased from Jun. 2023 ($3.84 Mil) to Dec. 2023 ($8.36 Mil).

TOP Ships's annual accounts payable & accrued expense declined from Dec. 2021 ($33.21 Mil) to Dec. 2022 ($4.25 Mil) but then increased from Dec. 2022 ($4.25 Mil) to Dec. 2023 ($8.36 Mil).

TOP Ships Accounts Payable & Accrued Expense Historical Data

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

TOP Ships Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25.08

8.66

33.21

4.25

8.36

TOP Ships 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															33.21	5.86	4.25	3.84	8.36

TOP Ships 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.

TOP Ships (TOP Ships) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TOP Ships Inc (AMEX:TOPS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

UER0:Germany

Address

1 Vasilisis Sofias and Megalou Alexandrou Street, Maroussi, GRC, 15124

Website

https://www.topships.org

TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. It generates revenue from the Time Charter agreements.

Executives

Ronin Capital, Llc

10 percent owner

350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654