Victoria Oil & Gas (Victoria Oil & Gas) Accounts Payable & Accrued Expense : $22.97 Mil (As of Jun. 2021)

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What is Victoria Oil & Gas Accounts Payable & Accrued Expense?

Victoria Oil & Gas's quarterly accounts payable & accrued expense increased from Jun. 2020 ($7.85 Mil) to Dec. 2020 ($24.92 Mil) but then declined from Dec. 2020 ($24.92 Mil) to Jun. 2021 ($22.97 Mil).

Victoria Oil & Gas's annual accounts payable & accrued expense declined from Dec. 2018 ($10.80 Mil) to Dec. 2019 ($9.27 Mil) but then increased from Dec. 2019 ($9.27 Mil) to Dec. 2020 ($24.92 Mil).

Victoria Oil & Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Victoria Oil & Gas'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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Victoria Oil & Gas Accounts Payable & Accrued Expense Chart

Victoria Oil & Gas Annual Data

Trend

May11

May12

May13

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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9.94

14.33

10.80

9.27

24.92

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.24	9.27	7.85	24.92	22.97

Victoria Oil & Gas 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.

Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY

Website

http://www.victoriaoilandgas.com

Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

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