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Equal Energy Ltd (NYSE:EQU)
Accounts Payable
{IF BankInsurance_zone 1}
$10.84 Mil (As of )Mar. 2014)
{IF AP_Q_zone 1}{ELSE} {/IF}

Equal Energy Ltds quarterly accounts payable increased from Sep. 2013 ($15.68 Mil) to Dec. 2013 ($15.68 Mil) but then declined from Dec. 2013 ($17.13 Mil) to Mar. 2014 ($10.84 Mil)

Equal Energy Ltds quarterly accounts payable declined from Dec. 2011 ($14.37 Mil) to Dec. 2012 ($14.37 Mil) but then increased from Dec. 2012 ($10.29 Mil) to Dec. 2013 ($17.13 Mil)


Definition

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

{data_exp}

Equal Energy Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 7.1331.3039.5436.1131.1826.7441.3614.3710.2917.13
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun11Sep11Dec11Mar12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 29.6134.0514.3719.9510.2913.3915.8415.6817.1310.84
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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