Virtus Oil & Gas (Virtus Oil & Gas) Accounts Payable & Accrued Expense : $1.84 Mil (As of Feb. 2016)

View and export this data going back to 2011. Start your Free Trial

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

Virtus Oil & Gas's quarterly accounts payable & accrued expense increased from Aug. 2015 ($0.84 Mil) to Nov. 2015 ($1.78 Mil) and increased from Nov. 2015 ($1.78 Mil) to Feb. 2016 ($1.84 Mil).

Virtus Oil & Gas's annual accounts payable & accrued expense increased from Nov. 2013 ($0.06 Mil) to Nov. 2014 ($0.35 Mil) and increased from Nov. 2014 ($0.35 Mil) to Nov. 2015 ($1.78 Mil).

Virtus Oil & Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Virtus 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.

* Premium members only.

Virtus Oil & Gas Accounts Payable & Accrued Expense Chart

Virtus Oil & Gas Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

0.04

0.03

0.06

0.35

1.78

Virtus Oil & Gas Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.51	0.53	0.84	1.78	1.84

Virtus 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.

Virtus Oil & Gas (Virtus Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Virtus Oil & Gas Corp (GREY:VOIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1517 San Jacinto Street, Houston, TX, USA, 77002

Website

https://www.virtusoil.com

Virtus Oil & Gas Corp is an oil and gas exploration and development company. It is focused on the acquisition and exploration of oil and natural gas properties. The company operates Tin Cup Mesa Unit and Squaw Canyon, which are located in the Paradox Basin producing in the Upper Ismay formation. Its properties are located at in Iron County in southern Utah of the United States.

Virtus Oil & Gas (Virtus Oil & Gas) Headlines

From GuruFocus

A Closer Look at Virtus Oil and Gas

By George Ronan George Ronan • 07-31-2014

Virtus Oil and Gas Releases Financials With $14 Million in Assets

By Marketwired Marketwired • 04-19-2018

What Is Happening In Iraq Is Critical To You And What You Should Do About It

By Canadian Value Canadian Value • 07-10-2014

Virtus Oil and Gas – A Punt On An Old School Oil Exploration Play

By Emerging Opportunities Emerging Opportunities • 07-20-2014