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High Arctic Overseas Holdings (TSXV:HOH) Accounts Payable & Accrued Expense : C$4.58 Mil (As of Dec. 2024)


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What is High Arctic Overseas Holdings Accounts Payable & Accrued Expense?

High Arctic Overseas Holdings's quarterly accounts payable & accrued expense declined from Mar. 2024 (C$13.98 Mil) to Sep. 2024 (C$7.40 Mil) and declined from Sep. 2024 (C$7.40 Mil) to Dec. 2024 (C$4.58 Mil).

High Arctic Overseas Holdings's annual accounts payable & accrued expense increased from Dec. 2022 (C$7.47 Mil) to Dec. 2023 (C$12.46 Mil) but then declined from Dec. 2023 (C$12.46 Mil) to Dec. 2024 (C$4.58 Mil).


High Arctic Overseas Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for High Arctic Overseas Holdings'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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High Arctic Overseas Holdings Accounts Payable & Accrued Expense Chart

High Arctic Overseas Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
7.79 7.47 12.46 4.58

High Arctic Overseas Holdings Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 12.46 13.98 7.40 4.58

High Arctic Overseas Holdings 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.


High Arctic Overseas Holdings Business Description

Traded in Other Exchanges
N/A
Address
330 - 5th Avenue Southwest, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Overseas Holdings Corp is engaged in contract drilling, equipment rentals and other oilfield services to the oil and natural gas industry in Papua New Guinea (PNG) through a subsidiary in Singapore, two subsidiaries in PNG and a subsidiary in Australia.

High Arctic Overseas Holdings Headlines

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