Zargon Oil & Gas (Zargon Oil & Gas) Accounts Payable & Accrued Expense : $4.76 Mil (As of Jun. 2020)

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

Zargon Oil & Gas's quarterly accounts payable & accrued expense declined from Dec. 2019 ($4.34 Mil) to Mar. 2020 ($4.18 Mil) but then increased from Mar. 2020 ($4.18 Mil) to Jun. 2020 ($4.76 Mil).

Zargon Oil & Gas's annual accounts payable & accrued expense declined from Dec. 2017 ($4.98 Mil) to Dec. 2018 ($4.46 Mil) and declined from Dec. 2018 ($4.46 Mil) to Dec. 2019 ($4.34 Mil).

Zargon Oil & Gas Accounts Payable & Accrued Expense Historical Data

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

Zargon Oil & Gas Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Accounts Payable & Accrued Expense

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8.75

4.02

4.98

4.46

4.34

Zargon Oil & Gas Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.21	4.83	4.34	4.18	4.76

Zargon 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.

Zargon Oil & Gas (Zargon Oil & Gas) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zargon Oil & Gas Ltd (GREY:ZARFF) » Definitions » Accounts Payable & Accrued Expense

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Address

112 - 4th Avenue SW, Suite 1100, Sun Life Plaza - East Tower, Calgary, AB, CAN, T2P 0H3

Website

http://www.zargon.ca

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.

Zargon Oil & Gas (Zargon Oil & Gas) Headlines

From GuruFocus

Zargon Oil & Gas Ltd. Report on Voting From the 2018 Shareholders Meeting

By GlobeNewswire GlobeNewswire • 05-31-2018

Zargon Oil & Gas Ltd. Completes Transactions Approved under Canadian Bankruptcy Proceedings; Blue Sky Resources Ltd. Becomes Sole Shareholder

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Zargon Oil & Gas Ltd. Provides 2020 First Quarter Results

By GlobeNewswire GlobeNewswire • 06-02-2020

Zargon Oil & Gas Ltd. Report on Voting from the 2019 Shareholders Meeting and Completion of Share Consolidation

By GlobeNewswire GlobeNewswire • 05-31-2019

Zargon Oil & Gas Ltd. Engages Financial Advisor

By GlobeNewswire GlobeNewswire • 01-17-2019

Zargon Tops Canadian Weekly Buys Update

By Monica Wolfe Monica Wolfe • 06-13-2013

Zargon Announces a Proposed Transaction to Restructure its Convertible Debentures

By GlobeNewswire GlobeNewswire • 11-21-2018

Canadian Insider Trades Highlighted by Oil and Gas Industry

By Monica Wolfe Monica Wolfe • 05-31-2013