Targa Resources (STU:TAR) Accounts Payable & Accrued Expense : €2,016 Mil (As of Mar. 2024)

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What is Targa Resources Accounts Payable & Accrued Expense?

Targa Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,850 Mil) to Dec. 2023 (€1,913 Mil) and increased from Dec. 2023 (€1,913 Mil) to Mar. 2024 (€2,016 Mil).

Targa Resources's annual accounts payable & accrued expense increased from Dec. 2021 (€1,662 Mil) to Dec. 2022 (€1,805 Mil) and increased from Dec. 2022 (€1,805 Mil) to Dec. 2023 (€1,913 Mil).

Targa Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Targa Resources'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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Targa Resources Accounts Payable & Accrued Expense Chart

Targa Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,241.91

1,042.46

1,661.59

1,805.21

1,913.05

Targa Resources 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															1,467.31	1,553.87	1,849.92	1,913.05	2,016.27

Targa Resources 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.

Targa Resources (STU:TAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Corp (STU:TAR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TRGP:USA

Address

811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002

Website

https://www.targaresources.com

Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.

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