Permex Petroleum (XCNQ:OIL) Accounts Payable & Accrued Expense : C$5.47 Mil (As of Dec. 2024)

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What is Permex Petroleum Accounts Payable & Accrued Expense?

Permex Petroleum's quarterly accounts payable & accrued expense declined from Jun. 2024 (C$5.17 Mil) to Sep. 2024 (C$5.13 Mil) but then increased from Sep. 2024 (C$5.13 Mil) to Dec. 2024 (C$5.47 Mil).

Permex Petroleum's annual accounts payable & accrued expense increased from Sep. 2022 (C$2.08 Mil) to Sep. 2023 (C$4.37 Mil) and increased from Sep. 2023 (C$4.37 Mil) to Sep. 2024 (C$5.13 Mil).

Permex Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Permex Petroleum'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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Permex Petroleum Accounts Payable & Accrued Expense Chart

Permex Petroleum Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Accounts Payable & Accrued Expense

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1.14

0.53

2.08

4.37

5.13

Permex Petroleum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.02	5.45	5.17	5.13	5.47

Permex Petroleum 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.

Permex Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (XCNQ:OIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

OILCF:USA 75P:Germany

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.permexpetroleum.com

Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment which is acquisition, development, and production of oil and gas properties in the United States.

Executives

Scott Kelly	Director, Senior Officer
Barry Leslie Francis Whelan	Director, Senior Officer
Mehran Ehsan	Director, Senior Officer
Earl Gerard Tobin	Deemed Insider - 6 Months before becoming Insider