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QEP Midstream Partners LP (FRA:1QM) Accounts Payable & Accrued Expense : €7.4 Mil (As of Mar. 2015)


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What is QEP Midstream Partners LP Accounts Payable & Accrued Expense?

QEP Midstream Partners LP's quarterly accounts payable & accrued expense declined from Sep. 2014 (€6.4 Mil) to Dec. 2014 (€4.6 Mil) but then increased from Dec. 2014 (€4.6 Mil) to Mar. 2015 (€7.4 Mil).

QEP Midstream Partners LP's annual accounts payable & accrued expense increased from Dec. 2012 (€8.9 Mil) to Dec. 2013 (€11.4 Mil) but then declined from Dec. 2013 (€11.4 Mil) to Dec. 2014 (€4.6 Mil).


QEP Midstream Partners LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for QEP Midstream Partners LP'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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QEP Midstream Partners LP Accounts Payable & Accrued Expense Chart

QEP Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense
11.02 8.92 11.39 4.62

QEP Midstream Partners LP Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.03 12.00 6.36 4.62 7.39

QEP Midstream Partners LP 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.


QEP Midstream Partners LP (FRA:1QM) Business Description

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QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

QEP Midstream Partners LP (FRA:1QM) Headlines

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