Rompetrol Rafinare (FRA:87R) Accounts Payable: €873 Mil (As of Sep. 2023)

What is Rompetrol Rafinare Accounts Payable?

Rompetrol Rafinare FRA:87R Accounts Payable is €873 Mil as of Sep. 2023.

Rompetrol Rafinare's Accounts Payable for the quarter that ended in Sep. 2023 was €873 Mil.

Rompetrol Rafinare's quarterly Accounts Payable increased from Mar. 2023 (€733 Mil) to Jun. 2023 (€874 Mil) but then declined from Jun. 2023 (€874 Mil) to Sep. 2023 (€873 Mil).

Rompetrol Rafinare's annual Accounts Payable increased from Dec. 2020 (€535 Mil) to Dec. 2021 (€905 Mil) but then declined from Dec. 2021 (€905 Mil) to Dec. 2022 (€728 Mil).

Rompetrol Rafinare Accounts Payable Related Terms

Rompetrol Rafinare Accounts Payable Historical Data

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The historical data trend for Rompetrol Rafinare's Accounts Payable 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.

Rompetrol Rafinare Accounts Payable Chart

Rompetrol Rafinare Annual Data

Trend

Dec13

Dec14

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Dec17

Dec18

Dec19

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Dec22

Accounts Payable

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649.80

651.42

535.36

904.88

727.56

Rompetrol Rafinare Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable	Get a 7-Day Free Trial															898.62	727.56	732.77	874.40	872.95

Rompetrol Rafinare Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →

What does a Accounts Payable of €873 Mil mean?

Rompetrol Rafinare (FRA:87R) has a Accounts Payable of €873 Mil as of Sep. 2023. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Rompetrol Rafinare and its competitors.

Is Rompetrol Rafinare's Accounts Payable too high?

Rompetrol Rafinare's current Accounts Payable is €873 Mil.

How does Rompetrol Rafinare's Accounts Payable compare to ?

Rompetrol Rafinare's Accounts Payable of €873 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Accounts Payable for an Oil & Gas company?

A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Accounts Payable mean?

A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Rompetrol Rafinare and its competitors. Rompetrol Rafinare's current Accounts Payable is €873 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rompetrol Rafinare stock overvalued right now?

Rompetrol Rafinare (FRA:87R) has a current Accounts Payable of €873 Mil. The current Accounts Payable is €873 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Accounts Payable calculated?

Accounts Payable is calculated from a company's financial statements. For Rompetrol Rafinare (FRA:87R), the current Accounts Payable is €873 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rompetrol Rafinare Business Description

Industry Energy Oil & Gas

Comparable Companies

Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700

Website http://www.rompetrol-rafinare.ro

Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.