PGS ASA (OSTO:PGSO) Accounts Payable & Accrued Expense : kr974 Mil (As of Mar. 2024)

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What is PGS ASA Accounts Payable & Accrued Expense?

PGS ASA's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr736 Mil) to Dec. 2023 (kr1,322 Mil) but then declined from Dec. 2023 (kr1,322 Mil) to Mar. 2024 (kr974 Mil).

PGS ASA's annual accounts payable & accrued expense increased from Dec. 2021 (kr577 Mil) to Dec. 2022 (kr808 Mil) and increased from Dec. 2022 (kr808 Mil) to Dec. 2023 (kr1,322 Mil).

PGS ASA Accounts Payable & Accrued Expense Historical Data

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

PGS ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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829.31

411.85

577.49

808.19

1,321.84

PGS ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															903.67	748.19	735.71	1,321.84	974.19

PGS ASA 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.

PGS ASA (OSTO:PGSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PGS ASA (OSTO:PGSo) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PGEJF:USA PGS:Norway PGSo:UK 0MHR:UK PGS1:Germany

Address

Lilleakerveien 4C, Oslo, NOR, 0283

Website

https://www.pgs.com

PGS ASA provides images and 3D models of the subsurface beneath the ocean floor. Oil-market participants use PGS services to find oil and gas reserves. The company's complete line of products includes seismic, electromagnetic, and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The majority of revenue is derived from the multiclient segment where it initiates and manages seismic surveys, which PGS acquires, processes, markets, and sells to multiple customers on a nonexclusive basis. Products and services are offered in offshore markets around the world. Geographically, the majority is derived from Norway.

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