Secure Energy Services (TSX:SES) Accounts Payable & Accrued Expense : C$562 Mil (As of Mar. 2024)

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What is Secure Energy Services Accounts Payable & Accrued Expense?

Secure Energy Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$466 Mil) to Dec. 2023 (C$377 Mil) but then increased from Dec. 2023 (C$377 Mil) to Mar. 2024 (C$562 Mil).

Secure Energy Services's annual accounts payable & accrued expense increased from Dec. 2021 (C$283 Mil) to Dec. 2022 (C$406 Mil) but then declined from Dec. 2022 (C$406 Mil) to Dec. 2023 (C$377 Mil).

Secure Energy Services Accounts Payable & Accrued Expense Historical Data

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

Secure Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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189.00

144.00

283.00

406.00

377.00

Secure Energy Services 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															377.00	389.00	466.00	377.00	562.00

Secure Energy Services 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.

Secure Energy Services (TSX:SES) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SECYF:USA SEP:Germany

Address

2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2

Website

https://www.secure-energy.com

Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.

Executives

James Darryl Anderson

Senior Officer