Linc Energy (ASX:LNC) Accounts Payable & Accrued Expense : A$41.83 Mil (As of Dec. 2015)

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What is Linc Energy Accounts Payable & Accrued Expense?

Linc Energy's quarterly accounts payable & accrued expense increased from Jun. 2015 (A$39.40 Mil) to Sep. 2015 (A$61.94 Mil) but then declined from Sep. 2015 (A$61.94 Mil) to Dec. 2015 (A$41.83 Mil).

Linc Energy's annual accounts payable & accrued expense declined from Jun. 2013 (A$94.10 Mil) to Jun. 2014 (A$62.13 Mil) and declined from Jun. 2014 (A$62.13 Mil) to Jun. 2015 (A$39.40 Mil).

Linc Energy Accounts Payable & Accrued Expense Historical Data

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

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Accounts Payable & Accrued Expense

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25.71

38.88

94.10

62.13

39.40

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															44.08	59.42	39.40	61.94	41.83

Linc Energy 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.

Linc Energy (ASX:LNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.