United Energy Group (United Energy Group) Accounts Payable & Accrued Expense : $851 Mil (As of Dec. 2023)

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What is United Energy Group Accounts Payable & Accrued Expense?

United Energy Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($277 Mil) to Jun. 2023 ($708 Mil) and increased from Jun. 2023 ($708 Mil) to Dec. 2023 ($851 Mil).

United Energy Group's annual accounts payable & accrued expense increased from Dec. 2021 ($156 Mil) to Dec. 2022 ($277 Mil) and increased from Dec. 2022 ($277 Mil) to Dec. 2023 ($851 Mil).

United Energy Group Accounts Payable & Accrued Expense Historical Data

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

United Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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446.09

226.20

155.70

276.58

851.19

United Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															155.70	269.66	276.58	708.48	851.19

United Energy Group 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.

United Energy Group (United Energy Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Energy Group Ltd (OTCPK:UNEGF) » Definitions » Accounts Payable & Accrued Expense

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00467:Hong Kong 1UEN:Germany

Address

Two Pacific Place, 88 Queensway, Admiralty, Suite 2505, 25th Floor, Hong Kong, HKG

Website

http://www.uegl.com.hk

United Energy Group Ltd is principally engaged in the investment and operation of upstream oil, natural gas, and other energy-related businesses. Geographically, the firm has operational footprints in Pakistan, Singapore, Egypt, and Iraq. Though the company generates majority of its revenue in Pakistan, Its oil and natural gas resources are the primary sources of revenue.

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