US Oilnds (US Oilnds) Accounts Payable & Accrued Expense : $4.69 Mil (As of Jun. 2017)

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What is US Oilnds Accounts Payable & Accrued Expense?

US Oilnds's quarterly accounts payable & accrued expense declined from Dec. 2016 ($6.75 Mil) to Mar. 2017 ($4.45 Mil) but then increased from Mar. 2017 ($4.45 Mil) to Jun. 2017 ($4.69 Mil).

US Oilnds's annual accounts payable & accrued expense increased from Dec. 2014 ($3.67 Mil) to Dec. 2015 ($4.47 Mil) and increased from Dec. 2015 ($4.47 Mil) to Dec. 2016 ($6.75 Mil).

US Oilnds Accounts Payable & Accrued Expense Historical Data

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

US Oilnds Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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0.66

0.77

3.67

4.47

6.75

US Oilnds Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.17	4.44	6.75	4.45	4.69

US Oilnds 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.

US Oilnds (US Oilnds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » US Oil Sands Inc (GREY:UERLF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.usoilsandsinc.com

US Oil Sands Inc is a Canadian energy company. It is engaged in the exploration and development of oil sands properties. The exploration deposits are primarily located in two areas of Utah: the Uinta Basin of northeastern Utah and central southeastern Utah.

US Oilnds (US Oilnds) Headlines

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