InterOil (InterOil) Change In Payables And Accrued Expense : $19.17 Mil (TTM As of Sep. 2016)

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What is InterOil Change In Payables And Accrued Expense?

InterOil's Change In Payables And Accrued Expense for the quarter that ended in Sep. 2016 was $-11.44 Mil. It means InterOil's Accounts Payable & Accrued Expense declined by $11.44 Mil from Jun. 2016 to Sep. 2016 .

InterOil's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2015 was $65.74 Mil. It means InterOil's Accounts Payable & Accrued Expense increased by $65.74 Mil from Dec. 2014 to Dec. 2015 .

InterOil Change In Payables And Accrued Expense Historical Data

The historical data trend for InterOil's Change In Payables And 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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InterOil Change In Payables And Accrued Expense Chart

InterOil Annual Data

Trend

Dec06

Dec07

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Dec15

Change In Payables And Accrued Expense

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73.29

25.91

47.36

17.58

65.74

InterOil Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															17.81	50.20	-0.74	-18.84	-11.44

InterOil Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.17 Mil.

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InterOil (InterOil) Business Description

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Address

Website

http://www.interoil.com

InterOil Corp is incorporated and domiciled in Canada and continued under the Business Corporations Act on August 24, 2007. The Company, together with its subsidiaries, is engaged in the exploration and production of oil and gas properties in Papua New Guinea and its surrounding region. Its operations are organized into four business segments: Upstream, Midstream, Downstream and Corporate. Upstream segment explores, appraises and develops hydrocarbon structures in Papua New Guinea with a view to commercializing, monetizing and developing oil and gas structures through production facilities. Midstream segment produces refined petroleum products at Napa Napa in Port Moresby, Papua New Guinea for the domestic market and for export markets. Downstream segment markets and distributes refined petroleum products domestically in Papua New Guinea on a wholesale and retail basis. Corporate segment provides support to the other business segments by engaging in business development and improvement activities and providing general and administrative services and management, undertakes financing and treasury activities, and is responsible for government affairs and investor relations. Corporate segment also manages Company's shipping business which operates two vessels transporting petroleum products within Papua New Guinea and South Pacific. The Company sells jet fuel, diesel and gasoline to domestic distributors in Papua New Guinea. The Company's main domestic customer is its Downstream distribution business segment, however the Company also distribute fuel products to Niugini Oil Company, Islands Petroleum, Exxon Mobil and Bige Petroleum. The Company's main competitor in the wholesale and retail distribution business in Papua New Guinea is ExxonMobil. The Company also competes with smaller local distributors of petroleum products. The Company is subject to an environmental law regime.