State Gas (ASX:GAS) Accounts Payable & Accrued Expense : A$1.72 Mil (As of Dec. 2023)

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What is State Gas Accounts Payable & Accrued Expense?

State Gas's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.64 Mil) to Jun. 2023 (A$1.17 Mil) and increased from Jun. 2023 (A$1.17 Mil) to Dec. 2023 (A$1.72 Mil).

State Gas's annual accounts payable & accrued expense declined from Jun. 2021 (A$2.58 Mil) to Jun. 2022 (A$0.26 Mil) but then increased from Jun. 2022 (A$0.26 Mil) to Jun. 2023 (A$1.17 Mil).

State Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for State Gas'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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State Gas Accounts Payable & Accrued Expense Chart

State Gas Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.58

0.26

2.58

0.26

1.17

State Gas Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								1.20	0.26	0.64	1.17	1.72

State Gas 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.

State Gas (ASX:GAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » State Gas Ltd (ASX:GAS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

40 Edward Street, Suite 4, Level 1, Brisbane, QLD, AUS, 4000

Website

https://www.stategas.com

State Gas Ltd operates as an exploration and development of gas fields in Australia. It explores and produces liquefied natural gas. The project of the company includes Reid's Dome Conventional Gas, Santos Exploration Joint Venture and the Rolleston-West project.