Niko Resources (Niko Resources) Accounts Payable & Accrued Expense : $387.16 Mil (As of Dec. 2018)

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What is Niko Resources Accounts Payable & Accrued Expense?

Niko Resources's quarterly accounts payable & accrued expense declined from Jun. 2018 ($432.32 Mil) to Sep. 2018 ($386.87 Mil) but then increased from Sep. 2018 ($386.87 Mil) to Dec. 2018 ($387.16 Mil).

Niko Resources's annual accounts payable & accrued expense declined from Mar. 2016 ($175.43 Mil) to Mar. 2017 ($130.42 Mil) but then increased from Mar. 2017 ($130.42 Mil) to Mar. 2018 ($132.95 Mil).

Niko Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Niko Resources'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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Niko Resources Accounts Payable & Accrued Expense Chart

Niko Resources Annual Data

Trend

Mar09

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Mar18

Accounts Payable & Accrued Expense

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182.11

155.20

175.43

130.42

132.95

Niko Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															134.39	132.95	432.32	386.87	387.16

Niko Resources 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.

Niko Resources (Niko Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Niko Resources Ltd (OTCPK:NKRSF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7

Website

https://www.nikoresources.com

Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

From GuruFocus

Niko Reports Results for the Quarter Ended September 30, 2018

By GlobeNewswire GlobeNewswire • 11-13-2018

Niko Reports Results for the Quarter Ended December 31, 2018

By GlobeNewswire GlobeNewswire • 02-13-2019