EXLA Resources (EXLA Resources) Accounts Payable & Accrued Expense : $0.16 Mil (As of Sep. 2013)

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What is EXLA Resources Accounts Payable & Accrued Expense?

EXLA Resources's quarterly accounts payable & accrued expense increased from Mar. 2013 ($0.15 Mil) to Jun. 2013 ($0.16 Mil) but then stayed the same from Jun. 2013 ($0.16 Mil) to Sep. 2013 ($0.16 Mil).

EXLA Resources's annual accounts payable & accrued expense increased from Dec. 2010 ($0.07 Mil) to Dec. 2011 ($0.09 Mil) and increased from Dec. 2011 ($0.09 Mil) to Dec. 2012 ($0.13 Mil).

EXLA Resources Accounts Payable & Accrued Expense Historical Data

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

EXLA Resources Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Payable & Accrued Expense

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0.04

0.07

0.09

0.13

EXLA Resources Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	0.13	0.15	0.16	0.16

EXLA 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.

EXLA Resources (EXLA Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

3609 Hammerkop Drive, N Las Vegas, Las Vegas, NV, USA, 89084

Website

https://www.exlaresources.com

EXLA Resources Inc is in the business of acquiring mining leases with intent to build operations to either mine or to prove up reserves to sell the leases to other mining companies. It is currently looking for acquisitions that have projects under contract to leap frog its operations and holdings.

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