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Contango Oil & Gas Co  (AMEX:MCF) Accounts Payable & Accrued Expense: $45.70 Mil (As of Jun. 2017)

Contango Oil & Gas Co's quarterly accounts payable & accrued expense declined from Dec. 2016 ($55.14 Mil) to Mar. 2017 ($52.96 Mil) and declined from Mar. 2017 ($52.96 Mil) to Jun. 2017 ($45.70 Mil).

Contango Oil & Gas Co's annual accounts payable & accrued expense declined from Dec. 2014 ($92.89 Mil) to Dec. 2015 ($36.36 Mil) but then increased from Dec. 2015 ($36.36 Mil) to Dec. 2016 ($55.14 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Contango Oil & Gas Co Annual Data

Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Dec14 Dec15 Dec16
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.31 31.77 92.89 36.36 55.14

Contango Oil & Gas Co Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.53 39.91 55.14 52.96 45.70

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.


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