Horizon Oil (ASX:HZN) Accounts Payable & Accrued Expense : A$19.5 Mil (As of Dec. 2023)

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What is Horizon Oil Accounts Payable & Accrued Expense?

Horizon Oil's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$45.9 Mil) to Jun. 2023 (A$20.0 Mil) and declined from Jun. 2023 (A$20.0 Mil) to Dec. 2023 (A$19.5 Mil).

Horizon Oil's annual accounts payable & accrued expense increased from Jun. 2021 (A$21.5 Mil) to Jun. 2022 (A$37.5 Mil) but then declined from Jun. 2022 (A$37.5 Mil) to Jun. 2023 (A$20.0 Mil).

Horizon Oil Accounts Payable & Accrued Expense Historical Data

The historical data trend for Horizon Oil'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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Horizon Oil Accounts Payable & Accrued Expense Chart

Horizon Oil Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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16.56

9.66

21.46

37.50

19.97

Horizon Oil Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															20.48	37.50	45.91	19.97	19.50

Horizon Oil 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.

Horizon Oil (ASX:HZN) Business Description

Industry

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HZNFF:USA

Address

360 Kent Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://horizonoil.com.au

Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.