Advantage Energy (TSX:AAV) Accounts Payable & Accrued Expense : C$74.8 Mil (As of Mar. 2024)

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What is Advantage Energy Accounts Payable & Accrued Expense?

Advantage Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$79.6 Mil) to Dec. 2023 (C$70.6 Mil) but then increased from Dec. 2023 (C$70.6 Mil) to Mar. 2024 (C$74.8 Mil).

Advantage Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$76.6 Mil) to Dec. 2022 (C$84.8 Mil) but then declined from Dec. 2022 (C$84.8 Mil) to Dec. 2023 (C$70.6 Mil).

Advantage Energy Accounts Payable & Accrued Expense Historical Data

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

Advantage Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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51.90

38.08

76.63

84.81

70.61

Advantage Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															88.06	63.57	79.65	70.61	74.82

Advantage Energy 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.

Advantage Energy (TSX:AAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advantage Energy Ltd (TSX:AAV) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AAVVF:USA 9SA0:Germany

Address

440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9

Website

https://www.advantageog.com

Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.

Executives

John Larry Festival

Director

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