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LRDC (Laredo Oil) Accounts Payable : $2.04 Mil (As of Feb. 2024)


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What is Laredo Oil Accounts Payable?

Laredo Oil's Accounts Payable for the quarter that ended in Feb. 2024 was $2.04 Mil.

Laredo Oil's quarterly Accounts Payable declined from Aug. 2023 ($2.18 Mil) to Nov. 2023 ($2.05 Mil) and declined from Nov. 2023 ($2.05 Mil) to Feb. 2024 ($2.04 Mil).

Laredo Oil's annual Accounts Payable increased from May. 2021 ($0.27 Mil) to May. 2022 ($1.24 Mil) and increased from May. 2022 ($1.24 Mil) to May. 2023 ($2.20 Mil).

Laredo Oil Accounts Payable Historical Data

The historical data trend for Laredo Oil'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.

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Laredo Oil Accounts Payable Chart

Laredo Oil Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.27 1.24 2.20

Laredo Oil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Payable 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 2.20 2.18 2.05 2.04

Laredo Oil 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.

Laredo Oil Accounts Payable Related Terms

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Laredo Oil Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Laredo Oil Inc (OTCPK:LRDC) » Definitions » Accounts Payable
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Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Website
https://www.laredo-oil.com
Laredo Oil Inc is an oil exploration and production company. It is engaged in managing the acquisition and conventional operation of mature oil fields and the further recovery of stranded oil from those fields using enhanced oil recovery (EOR) methods. The company focuses on EOR applications in depleted and mature oil fields.