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XXL Energy (XXL Energy) Accounts Payable & Accrued Expense : $1.66 Mil (As of Dec. 2023)


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What is XXL Energy Accounts Payable & Accrued Expense?

XXL Energy's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1.53 Mil) to Sep. 2023 ($1.51 Mil) but then increased from Sep. 2023 ($1.51 Mil) to Dec. 2023 ($1.66 Mil).

XXL Energy's annual accounts payable & accrued expense increased from Dec. 2021 ($1.71 Mil) to Dec. 2022 ($1.92 Mil) but then declined from Dec. 2022 ($1.92 Mil) to Dec. 2023 ($1.66 Mil).


XXL Energy Accounts Payable & Accrued Expense Historical Data

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

XXL Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.78 1.71 1.92 1.66

XXL Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.92 1.67 1.53 1.51 1.66

XXL Energy 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.


XXL Energy (XXL Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » XXL Energy Corp (OTCPK:XLEFF) » Definitions » Accounts Payable & Accrued Expense
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Address
Granville Park, RPO Box 60610, Vancouver, BC, CAN, V6H 4B9
XXL Energy Corp is a petroleum and natural gas entity engaged in the acquisition, exploration and development of petroleum and natural gas properties located in the United States of America.

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