Paloma Resources (TSXV:PLO.H) Accounts Payable & Accrued Expense : C$0.33 Mil (As of Dec. 2023)

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What is Paloma Resources Accounts Payable & Accrued Expense?

Paloma Resources's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.31 Mil) to Sep. 2023 (C$0.31 Mil) but then increased from Sep. 2023 (C$0.31 Mil) to Dec. 2023 (C$0.33 Mil).

Paloma Resources's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.31 Mil) to Dec. 2022 (C$0.32 Mil) and increased from Dec. 2022 (C$0.32 Mil) to Dec. 2023 (C$0.33 Mil).

Paloma Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Paloma Resources'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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Paloma Resources Accounts Payable & Accrued Expense Chart

Paloma Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.22

0.26

0.31

0.32

0.33

Paloma Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.32	0.32	0.31	0.31	0.33

Paloma Resources 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.

Paloma Resources (TSXV:PLO.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paloma Resources Inc (TSXV:PLO.H) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6

Website

http://www.palomaresources.com/

Paloma Resources Inc is an oil and gas company. The company is focused on exploration, acquisition, and production of oil and gas reserves in the United States. It holds an interest in oil and gas properties located in the Jefferson and Wilkinson counties, Mississippi, USA.

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