Arkanova Energy (Arkanova Energy) Accounts Payable & Accrued Expense : $4.02 Mil (As of Sep. 2016)

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What is Arkanova Energy Accounts Payable & Accrued Expense?

Arkanova Energy's quarterly accounts payable & accrued expense increased from Mar. 2016 ($1.42 Mil) to Jun. 2016 ($1.71 Mil) and increased from Jun. 2016 ($1.71 Mil) to Sep. 2016 ($4.02 Mil).

Arkanova Energy's annual accounts payable & accrued expense increased from Sep. 2014 ($1.24 Mil) to Sep. 2015 ($3.39 Mil) and increased from Sep. 2015 ($3.39 Mil) to Sep. 2016 ($4.02 Mil).

Arkanova Energy Accounts Payable & Accrued Expense Historical Data

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

Arkanova Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Accounts Payable & Accrued Expense

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1.47

1.18

1.24

3.39

4.02

Arkanova Energy Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.39	1.22	1.42	1.71	4.02

Arkanova 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.

Arkanova Energy (Arkanova Energy) Business Description

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Address

305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746

Website

http://www.arkanovaenergy.com

Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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