Gordon Creek Energy (FRA:M2Y1) Accounts Payable & Accrued Expense : €4.36 Mil (As of Oct. 2015)

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What is Gordon Creek Energy Accounts Payable & Accrued Expense?

Gordon Creek Energy's quarterly accounts payable & accrued expense declined from Apr. 2015 (€4.44 Mil) to Jul. 2015 (€4.39 Mil) and declined from Jul. 2015 (€4.39 Mil) to Oct. 2015 (€4.36 Mil).

Gordon Creek Energy's annual accounts payable & accrued expense increased from Jan. 2013 (€2.16 Mil) to Jan. 2014 (€2.69 Mil) and increased from Jan. 2014 (€2.69 Mil) to Jan. 2015 (€4.29 Mil).

Gordon Creek Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gordon Creek Energy'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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Gordon Creek Energy Accounts Payable & Accrued Expense Chart

Gordon Creek Energy Annual Data

Trend

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Accounts Payable & Accrued Expense

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1.02

1.70

2.16

2.69

4.29

Gordon Creek Energy Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.66	4.29	4.44	4.39	4.36

Gordon Creek Energy 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.

Gordon Creek Energy (FRA:M2Y1) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gordon Creek Energy Inc (FRA:M2Y1) » Definitions » Accounts Payable & Accrued Expense

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Address

734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8

Website

http://www.gordoncreekenergy.com

Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

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