Evolution Petroleum (FRA:EP7) Accounts Payable & Accrued Expense : €11.80 Mil (As of Mar. 2024)

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What is Evolution Petroleum Accounts Payable & Accrued Expense?

Evolution Petroleum's quarterly accounts payable & accrued expense increased from Sep. 2023 (€11.78 Mil) to Dec. 2023 (€12.63 Mil) but then declined from Dec. 2023 (€12.63 Mil) to Mar. 2024 (€11.80 Mil).

Evolution Petroleum's annual accounts payable & accrued expense increased from Jun. 2021 (€4.82 Mil) to Jun. 2022 (€24.78 Mil) but then declined from Jun. 2022 (€24.78 Mil) to Jun. 2023 (€10.29 Mil).

Evolution Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Evolution Petroleum'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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Evolution Petroleum Accounts Payable & Accrued Expense Chart

Evolution Petroleum Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.07

1.90

4.82

24.78

10.29

Evolution Petroleum 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															18.08	10.29	11.78	12.63	11.80

Evolution Petroleum 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.

Evolution Petroleum (FRA:EP7) Business Description

Industry

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EPM:USA

Address

1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079

Website

https://www.evolutionpetroleum.com

Evolution Petroleum Corp is an independent oil and gas company operating in the US. It is engaged primarily in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are primarily generated from its crude oil, natural gas and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana. The revenue generated by the company includes royalty, mineral and working interests.

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