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GuruFocus has detected 2 Warning Signs with Mid-Con Energy Partners LP $MCEP.
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Mid-Con Energy Partners LP (NAS:MCEP)
Accounts Payable & Accrued Expense
$3.83 Mil (As of Dec. 2016)

Mid-Con Energy Partners LP's quarterly accounts payable & accrued expense declined from Jun. 2016 ($3.85 Mil) to Sep. 2016 ($2.70 Mil) but then increased from Sep. 2016 ($2.70 Mil) to Dec. 2016 ($3.83 Mil).

Mid-Con Energy Partners LP's annual accounts payable & accrued expense declined from Dec. 2014 ($8.02 Mil) to Dec. 2015 ($3.91 Mil) and declined from Dec. 2015 ($3.91 Mil) to Dec. 2016 ($3.83 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.

Mid-Con Energy Partners LP Annual Data

Accounts Payable & Accrued Expense

Mid-Con Energy Partners LP Quarterly Data

Accounts Payable & Accrued Expense 9.498.024.414.413.953.912.703.852.703.83
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