Karoon Energy (ASX:KAR) Accounts Payable : A$83 Mil (As of Dec. 2023)

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What is Karoon Energy Accounts Payable?

Karoon Energy's Accounts Payable for the quarter that ended in Dec. 2023 was A$83 Mil.

Karoon Energy's quarterly Accounts Payable declined from Dec. 2022 (A$104 Mil) to Jun. 2023 (A$71 Mil) but then increased from Jun. 2023 (A$71 Mil) to Dec. 2023 (A$83 Mil).

Karoon Energy's annual Accounts Payable increased from Jun. 2021 (A$40 Mil) to Jun. 2022 (A$87 Mil) but then declined from Jun. 2022 (A$87 Mil) to Jun. 2023 (A$71 Mil).

Karoon Energy Accounts Payable Historical Data

The historical data trend for Karoon Energy's Accounts Payable 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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Karoon Energy Accounts Payable Chart

Karoon Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable

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3.20

27.11

39.61

86.63

71.22

Karoon Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable	Get a 7-Day Free Trial															96.69	86.63	104.04	71.22	83.07

Karoon Energy Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Karoon Energy Accounts Payable Related Terms

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Karoon Energy (ASX:KAR) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (ASX:KAR) » Definitions » Accounts Payable

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KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.