NOVATEK PJSC (MIC:NVTK) Accounts Payable & Accrued Expense : ₽219,930 Mil (As of Jun. 2023)

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What is NOVATEK PJSC Accounts Payable & Accrued Expense?

NOVATEK PJSC's quarterly accounts payable & accrued expense declined from Sep. 2021 (₽204,236 Mil) to Dec. 2021 (₽133,556 Mil) but then increased from Dec. 2021 (₽133,556 Mil) to Jun. 2023 (₽219,930 Mil).

NOVATEK PJSC's annual accounts payable & accrued expense increased from Dec. 2020 (₽80,557 Mil) to Dec. 2021 (₽133,556 Mil) and increased from Dec. 2021 (₽133,556 Mil) to Dec. 2023 (₽282,602 Mil).

NOVATEK PJSC Accounts Payable & Accrued Expense Historical Data

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

NOVATEK PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec23

Accounts Payable & Accrued Expense

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75,075.00

70,634.00

80,557.00

133,556.00

282,602.00

NOVATEK PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															89,812.00	204,236.00	133,556.00	219,930.00	282,602.00

NOVATEK PJSC 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.

NOVATEK PJSC (MIC:NVTK) Business Description

Industry

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Traded in Other Exchanges

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Address

2, Udaltsova Street, Moscow, RUS, 119415

Website

https://www.novatek.ru

NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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