Rompetrol Rafinare S.A. (BSE:RRC) Accounts Payable & Accrued Expense : lei7,154 Mil (As of Sep. 2023)

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What is Rompetrol Rafinare S.A. Accounts Payable & Accrued Expense?

Rompetrol Rafinare S.A.'s quarterly accounts payable & accrued expense increased from Mar. 2023 (lei6,436 Mil) to Jun. 2023 (lei6,628 Mil) and increased from Jun. 2023 (lei6,628 Mil) to Sep. 2023 (lei7,154 Mil).

Rompetrol Rafinare S.A.'s annual accounts payable & accrued expense increased from Dec. 2020 (lei5,899 Mil) to Dec. 2021 (lei7,172 Mil) but then declined from Dec. 2021 (lei7,172 Mil) to Dec. 2022 (lei6,614 Mil).

Rompetrol Rafinare S.A. Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rompetrol Rafinare S.A.'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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Rompetrol Rafinare S.A. Accounts Payable & Accrued Expense Chart

Rompetrol Rafinare S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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4,229.25

4,741.03

5,899.13

7,172.04

6,613.95

Rompetrol Rafinare S.A. Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,045.37	6,613.95	6,435.95	6,627.96	7,153.92

Rompetrol Rafinare S.A. 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.

Rompetrol Rafinare S.A. (BSE:RRC) Business Description

Industry

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Traded in Other Exchanges

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Address

Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700

Website

http://www.rompetrol-rafinare.ro

Rompetrol Rafinare S.A. is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.