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PTL (PTLE) Accounts Payable : $7.6 Mil (As of Jun. 2024)


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What is PTL Accounts Payable?

PTL's Accounts Payable for the quarter that ended in Jun. 2024 was $7.6 Mil.

PTL's quarterly Accounts Payable increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($9.3 Mil) but then declined from Dec. 2023 ($9.3 Mil) to Jun. 2024 ($7.6 Mil).

PTL's annual Accounts Payable increased from . 20 ($0.0 Mil) to Dec. 2022 ($9.2 Mil) and increased from Dec. 2022 ($9.2 Mil) to Dec. 2023 ($9.3 Mil).

PTL Accounts Payable Historical Data

The historical data trend for PTL'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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PTL Accounts Payable Chart

PTL Annual Data
Trend Dec22 Dec23
Accounts Payable
9.22 9.27

PTL Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Accounts Payable 9.22 - 9.27 7.63

PTL 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.

PTL Accounts Payable Related Terms

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PTL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PTL Ltd (NAS:PTLE) » Definitions » Accounts Payable
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Traded in Other Exchanges
N/A
Address
111 North Bridge Road, No. 23-06A, Peninsula Plaza, Singapore, SGP, 179098
Website
https://www.petrolinkhk.com
PTL Ltd is a holding company. Through its subsidiaries, it is an established bunkering facilitator providing marine fuel logistics services for vessel refuelling, primarily serving the Asia Pacific market. As a bunker facilitator, the Group's services mainly involve facilitating with its suppliers to supply fuel for the use by the customers' vessels at various ports along their voyages in the Asia Pacific region; arranging vessel refuelling activities at competitive pricing to the customers; offering trade credit to the customers for vessel refuelling; handling unforeseeable circumstances faced by the customers and providing contingency solutions to the customers in a timely manner; and handling disputes, mainly in relation to quality and quantity issues on marine fuel, if any.