Primeline Energy Holdings (TSXV:PEH.H) Accounts Payable & Accrued Expense : C$42.27 Mil (As of Dec. 2019)

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What is Primeline Energy Holdings Accounts Payable & Accrued Expense?

Primeline Energy Holdings's quarterly accounts payable & accrued expense increased from Jun. 2019 (C$37.06 Mil) to Sep. 2019 (C$38.99 Mil) and increased from Sep. 2019 (C$38.99 Mil) to Dec. 2019 (C$42.27 Mil).

Primeline Energy Holdings's annual accounts payable & accrued expense increased from Mar. 2017 (C$38.62 Mil) to Mar. 2018 (C$40.40 Mil) but then declined from Mar. 2018 (C$40.40 Mil) to Mar. 2019 (C$39.52 Mil).

Primeline Energy Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Primeline Energy 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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Primeline Energy Holdings Accounts Payable & Accrued Expense Chart

Primeline Energy Holdings Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Accounts Payable & Accrued Expense

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14.15

38.52

38.62

40.40

39.52

Primeline Energy Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															39.17	39.52	37.06	38.99	42.27

Primeline Energy 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.

Primeline Energy Holdings (TSXV:PEH.H) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Primeline Energy Holdings Inc (TSXV:PEH.H) » Definitions » Accounts Payable & Accrued Expense

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Address

88 Tai Tam Reservoir Road, Hong Kong Parkview, Hong Kong, HKG

Website

http://www.primelineenergy.com

Primeline Energy Holdings Inc is engaged in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. It owns a right in the East China Sea in relation to Petroleum Contract 25/34 and Petroleum Contract 33/07. The company derives revenue from Natural gas, CO2, Condensate, Light Oil and LPG.

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