Shell (SHEL) Accounts Payable & Accrued Expense : $58,524 Mil (As of Dec. 2023)

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What is Shell Accounts Payable & Accrued Expense?

Shell's quarterly accounts payable & accrued expense increased from Jun. 2023 ($68,458 Mil) to Sep. 2023 ($71,560 Mil) but then declined from Sep. 2023 ($71,560 Mil) to Dec. 2023 ($58,524 Mil).

Shell's annual accounts payable & accrued expense increased from Dec. 2021 ($55,322 Mil) to Dec. 2022 ($69,271 Mil) but then declined from Dec. 2022 ($69,271 Mil) to Dec. 2023 ($58,524 Mil).

Shell Accounts Payable & Accrued Expense Historical Data

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

Shell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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45,858.00

38,892.00

55,322.00

69,271.00

58,524.00

Shell 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															69,271.00	74,781.00	68,458.00	71,560.00	58,524.00

Shell 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.

Shell (SHEL) Business Description

Industry

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Traded in Other Exchanges

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Address

Shell Centre, London, GBR, SE1 7NA

Website

https://www.shell.com

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 7.9 billion cubic feet of natural gas per day. At year-end 2022, reserves stood at 9.4 billion barrels of oil equivalent, 50% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.7 mmb/d located in the Americas, Asia, Africa, and Europe and sells 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.