PAO Sovcomflot (MIC:FLOT) Accounts Payable & Accrued Expense : ₽21,656 Mil (As of Jun. 2023)

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What is PAO Sovcomflot Accounts Payable & Accrued Expense?

PAO Sovcomflot's quarterly accounts payable & accrued expense declined from Sep. 2021 (₽14,458 Mil) to Dec. 2021 (₽11,671 Mil) but then increased from Dec. 2021 (₽11,671 Mil) to Jun. 2023 (₽21,656 Mil).

PAO Sovcomflot's annual accounts payable & accrued expense increased from Dec. 2019 (₽8,616 Mil) to Dec. 2020 (₽11,641 Mil) and increased from Dec. 2020 (₽11,641 Mil) to Dec. 2021 (₽11,671 Mil).

PAO Sovcomflot Accounts Payable & Accrued Expense Historical Data

The historical data trend for PAO Sovcomflot'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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PAO Sovcomflot Accounts Payable & Accrued Expense Chart

PAO Sovcomflot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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13,689.71

10,055.62

8,616.21

11,641.23

11,670.79

PAO Sovcomflot Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															11,883.68	27,552.46	14,458.08	11,670.79	21,655.90

PAO Sovcomflot 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.

PAO Sovcomflot (MIC:FLOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PAO Sovcomflot (MIC:FLOT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Gasheka Street, Moscow, RUS, 125047

Website

https://www.scf-group.ru

PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.