Enerflex (TSX:EFX) Accounts Payable & Accrued Expense : C$674 Mil (As of Mar. 2024)

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What is Enerflex Accounts Payable & Accrued Expense?

Enerflex's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$688 Mil) to Dec. 2023 (C$634 Mil) but then increased from Dec. 2023 (C$634 Mil) to Mar. 2024 (C$674 Mil).

Enerflex's annual accounts payable & accrued expense increased from Dec. 2021 (C$247 Mil) to Dec. 2022 (C$689 Mil) but then declined from Dec. 2022 (C$689 Mil) to Dec. 2023 (C$634 Mil).

Enerflex Accounts Payable & Accrued Expense Historical Data

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

Enerflex Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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342.08

185.31

246.73

689.36

634.36

Enerflex 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															681.43	688.76	688.27	634.36	674.09

Enerflex 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.

Enerflex (TSX:EFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (TSX:EFX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EFXT:USA 7EX:Germany

Address

1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3

Website

https://www.enerflex.com

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.

Executives

Joanne Linette Cox

Director