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GuruFocus has detected 3 Warning Signs with VAALCO Energy Inc $EGY.
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Accounts Payable & Accrued Expense
USD 29.60 Mil (As of Dec. 2016)

VAALCO Energy Inc's quarterly accounts payable & accrued expense declined from Jun. 2016 (USD 41.35 Mil) to Sep. 2016 (USD 25.10 Mil) but then increased from Sep. 2016 (USD 25.10 Mil) to Dec. 2016 (USD 29.60 Mil).

VAALCO Energy Inc's annual accounts payable & accrued expense increased from Dec. 2014 (USD 38.54 Mil) to Dec. 2015 (USD 62.59 Mil) but then declined from Dec. 2015 (USD 62.59 Mil) to Dec. 2016 (USD 29.60 Mil).


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

VAALCO Energy Inc Annual Data

Accounts Payable & Accrued Expense 23.9063.1733.7326.7025.0945.0645.8338.5462.5929.60

VAALCO Energy Inc Quarterly Data

Accounts Payable & Accrued Expense 56.1038.5466.7564.2757.7962.5966.4441.3525.1029.60
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