Imperial Oil (Imperial Oil) Accounts Payable & Accrued Expense : $4,226 Mil (As of Dec. 2023)

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What is Imperial Oil Accounts Payable & Accrued Expense?

Imperial Oil's quarterly accounts payable & accrued expense increased from Jun. 2023 ($4,597 Mil) to Sep. 2023 ($5,655 Mil) but then declined from Sep. 2023 ($5,655 Mil) to Dec. 2023 ($4,226 Mil).

Imperial Oil's annual accounts payable & accrued expense increased from Dec. 2021 ($4,244 Mil) to Dec. 2022 ($6,386 Mil) but then declined from Dec. 2022 ($6,386 Mil) to Dec. 2023 ($4,226 Mil).

Imperial Oil Accounts Payable & Accrued Expense Historical Data

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

Imperial Oil Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,315.36

2,461.55

4,243.75

6,386.46

4,225.55

Imperial Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6,386.46	4,702.92	4,596.57	5,655.16	4,225.55

Imperial Oil 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.

Imperial Oil (Imperial Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (AMEX:IMO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

IMP:Germany IMO:Canada

Address

505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1

Website

https://www.imperialoil.ca

Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.