Scirocco Energy (LSE:SCIR) Accounts Payable & Accrued Expense : £0.10 Mil (As of Jun. 2023)

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What is Scirocco Energy Accounts Payable & Accrued Expense?

Scirocco Energy's quarterly accounts payable & accrued expense increased from Jun. 2022 (£0.13 Mil) to Dec. 2022 (£0.16 Mil) but then declined from Dec. 2022 (£0.16 Mil) to Jun. 2023 (£0.10 Mil).

Scirocco Energy's annual accounts payable & accrued expense declined from Dec. 2020 (£0.19 Mil) to Dec. 2021 (£0.14 Mil) but then increased from Dec. 2021 (£0.14 Mil) to Dec. 2022 (£0.16 Mil).

Scirocco Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Scirocco Energy'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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Scirocco Energy Accounts Payable & Accrued Expense Chart

Scirocco Energy Annual Data

Trend

Jun12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.46

0.20

0.19

0.14

0.16

Scirocco Energy Semi-Annual Data
	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.41	0.14	0.13	0.16	0.10

Scirocco Energy 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.

Scirocco Energy (LSE:SCIR) Business Description

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JTJ2:Germany

Address

1 Park Row, Leeds, GBR, LS1 5AB

Website

https://www.sciroccoenergy.com

Scirocco Energy PLC, formerly Solo Oil PLC is an oil and gas exploration company. Its principal activities are to acquire a diverse portfolio of direct and indirect interests in the exploration, development and production of oil and gas assets which are based in the Americas, Europe, and Africa.

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