Coastal Energy Co (LSE:CEO) Accounts Payable & Accrued Expense : £120.2 Mil (As of Sep. 2013)

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What is Coastal Energy Co Accounts Payable & Accrued Expense?

Coastal Energy Co's quarterly accounts payable & accrued expense declined from Mar. 2013 (£163.9 Mil) to Jun. 2013 (£90.2 Mil) but then increased from Jun. 2013 (£90.2 Mil) to Sep. 2013 (£120.2 Mil).

Coastal Energy Co's annual accounts payable & accrued expense increased from Dec. 2010 (£34.3 Mil) to Dec. 2011 (£38.2 Mil) and increased from Dec. 2011 (£38.2 Mil) to Dec. 2012 (£134.8 Mil).

Coastal Energy Co Accounts Payable & Accrued Expense Historical Data

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

Coastal Energy Co Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Payable & Accrued Expense

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29.31

22.50

34.33

38.18

134.79

Coastal Energy Co Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															97.66	134.79	163.90	90.17	120.16

Coastal Energy Co 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.

Coastal Energy Co (LSE:CEO) Business Description

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Address

Website

http://www.CoastalEnergy.com

Coastal Energy Company was founded in 2004.The company is involved in the acquisition, exploration and development of oil and gas properties in the Gulf of Thailand and Malaysia. It is also involved in the acquisition, exploration and development of onshore petroleum properties in Thailand.