Southern Energy (LSE:SOUC) Accounts Payable & Accrued Expense : £7.17 Mil (As of Mar. 2024)

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What is Southern Energy Accounts Payable & Accrued Expense?

Southern Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (£9.98 Mil) to Dec. 2023 (£9.40 Mil) and declined from Dec. 2023 (£9.40 Mil) to Mar. 2024 (£7.17 Mil).

Southern Energy's annual accounts payable & accrued expense increased from Dec. 2021 (£5.90 Mil) to Dec. 2022 (£13.32 Mil) but then declined from Dec. 2022 (£13.32 Mil) to Dec. 2023 (£9.40 Mil).

Southern Energy Accounts Payable & Accrued Expense Historical Data

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

Southern Energy Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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4.84

4.56

5.90

13.32

9.40

Southern Energy 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															21.05	9.01	9.98	9.40	7.17

Southern 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.

Southern Energy (LSE:SOUC) Business Description

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SOUTF:USA 0M1:Germany SOU:Canada

Address

333 - 7th Avenue SW, Suite 2400, Calgary, AB, CAN, T2P 2Z1

Website

https://www.southernenergycorp.com

Southern Energy Corp is an oil and gas exploration and production company. Its primary focus is on acquiring and developing conventional natural gas and light oil resources in the Southeast Gulf States of Mississippi, Louisiana, and East Texas. Its primary source of income is the petroleum and natural gas revenue.

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