Galp Energia SGPS (XLIS:GALP) Accounts Payable & Accrued Expense : €2,447 Mil (As of Dec. 2023)

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What is Galp Energia SGPS Accounts Payable & Accrued Expense?

Galp Energia SGPS's quarterly accounts payable & accrued expense increased from Jun. 2023 (€1,963 Mil) to Sep. 2023 (€2,399 Mil) and increased from Sep. 2023 (€2,399 Mil) to Dec. 2023 (€2,447 Mil).

Galp Energia SGPS's annual accounts payable & accrued expense increased from Dec. 2021 (€1,563 Mil) to Dec. 2022 (€2,151 Mil) and increased from Dec. 2022 (€2,151 Mil) to Dec. 2023 (€2,447 Mil).

Galp Energia SGPS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Galp Energia SGPS'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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Galp Energia SGPS Accounts Payable & Accrued Expense Chart

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,869.00

1,116.00

1,563.00

2,151.00

2,447.00

Galp Energia SGPS 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															2,151.00	2,023.00	1,963.00	2,399.00	2,447.00

Galp Energia SGPS 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.

Galp Energia SGPS (XLIS:GALP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (XLIS:GALP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GLPEF:USA GALPu:UK 0B67:UK GZ5:Germany

Address

Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

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