Petrol AD (XBUL:PET) Accounts Payable & Accrued Expense : лв52.5 Mil (As of Mar. 2023)

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What is Petrol AD Accounts Payable & Accrued Expense?

Petrol AD's quarterly accounts payable & accrued expense declined from Jun. 2022 (лв74.9 Mil) to Dec. 2022 (лв54.0 Mil) and declined from Dec. 2022 (лв54.0 Mil) to Mar. 2023 (лв52.5 Mil).

Petrol AD's annual accounts payable & accrued expense increased from Dec. 2020 (лв59.3 Mil) to Dec. 2021 (лв73.1 Mil) but then declined from Dec. 2021 (лв73.1 Mil) to Dec. 2022 (лв54.0 Mil).

Petrol AD Accounts Payable & Accrued Expense Historical Data

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

Petrol AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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54.90

65.92

59.27

73.12

54.05

Petrol AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															73.12	79.77	74.87	54.05	52.50

Petrol AD 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.

Petrol AD (XBUL:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrol AD (XBUL:PET) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

bul. Cherni vrah 43, rayon Lozenets, Sofia, BGR, 1407

Website

http://www.petrol.bg

Petrol AD is engaged in the distribution of fuels in Bulgaria. Its other business activities comprise selling of fuel at retail and wholesale, storage of fuels and maintenance of fuel sales facilities.