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Formcap (Formcap) Accounts Payable & Accrued Expense : $0.36 Mil (As of Jun. 2017)


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What is Formcap Accounts Payable & Accrued Expense?

Formcap's quarterly accounts payable & accrued expense stayed the same from Sep. 2016 ($0.36 Mil) to Mar. 2017 ($0.36 Mil) and stayed the same from Mar. 2017 ($0.36 Mil) to Jun. 2017 ($0.36 Mil).

Formcap's annual accounts payable & accrued expense declined from Dec. 2012 ($0.81 Mil) to Dec. 2013 ($0.35 Mil) but then increased from Dec. 2013 ($0.35 Mil) to Dec. 2014 ($0.37 Mil).


Formcap Accounts Payable & Accrued Expense Historical Data

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

Formcap Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.81 0.69 0.81 0.35 0.37

Formcap Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.36 0.36 0.36 0.36

Formcap 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.


Formcap (Formcap) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
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Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower US states, primarily targeting the Mississippian formation in southeast Kansas.

Formcap (Formcap) Headlines

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