LRDC (Laredo Oil) Accounts Payable : $2.59 Mil (As of Nov. 2024)

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What is Laredo Oil Accounts Payable?

Laredo Oil's Accounts Payable for the quarter that ended in Nov. 2024 was $2.59 Mil.

Laredo Oil's quarterly Accounts Payable increased from May. 2024 ($2.54 Mil) to Aug. 2024 ($2.56 Mil) and increased from Aug. 2024 ($2.56 Mil) to Nov. 2024 ($2.59 Mil).

Laredo Oil's annual Accounts Payable increased from May. 2022 ($1.24 Mil) to May. 2023 ($2.27 Mil) and increased from May. 2023 ($2.27 Mil) to May. 2024 ($2.54 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

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Accounts Payable

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0.02

0.27

1.24

2.27

2.54

Laredo Oil Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Accounts Payable	Get a 7-Day Free Trial															2.05	2.04	2.54	2.56	2.59

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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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 primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering stranded oil using enhanced recovery methods.