Gulf Energy Development PCL (BKK:GULF) Accounts Payable & Accrued Expense : ฿27,080 Mil (As of Mar. 2024)

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What is Gulf Energy Development PCL Accounts Payable & Accrued Expense?

Gulf Energy Development PCL's quarterly accounts payable & accrued expense declined from Sep. 2023 (฿24,598 Mil) to Dec. 2023 (฿22,609 Mil) but then increased from Dec. 2023 (฿22,609 Mil) to Mar. 2024 (฿27,080 Mil).

Gulf Energy Development PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿14,902 Mil) to Dec. 2022 (฿20,963 Mil) and increased from Dec. 2022 (฿20,963 Mil) to Dec. 2023 (฿22,609 Mil).

Gulf Energy Development PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Energy Development PCL'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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Gulf Energy Development PCL Accounts Payable & Accrued Expense Chart

Gulf Energy Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,189.91

11,282.66

14,902.31

20,962.94

22,608.96

Gulf Energy Development PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24,830.08	24,202.46	24,598.10	22,608.96	27,080.00

Gulf Energy Development PCL 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.

Gulf Energy Development PCL (BKK:GULF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gulf Energy Development PCL (BKK:GULF) » Definitions » Accounts Payable & Accrued Expense

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GULF-F:Thailand

Address

Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.gulf.co.th

Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.