IPSCO Tubulars (IPSCO Tubulars) Accounts Payable & Accrued Expense : $211.2 Mil (As of Sep. 2017)

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What is IPSCO Tubulars Accounts Payable & Accrued Expense?

IPSCO Tubulars's quarterly accounts payable & accrued expense declined from Dec. 2015 ($159.5 Mil) to Dec. 2016 ($130.8 Mil) but then increased from Dec. 2016 ($130.8 Mil) to Sep. 2017 ($211.2 Mil).

IPSCO Tubulars's annual accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Dec. 2015 ($159.5 Mil) but then declined from Dec. 2015 ($159.5 Mil) to Dec. 2016 ($130.8 Mil).

IPSCO Tubulars Accounts Payable & Accrued Expense Historical Data

The historical data trend for IPSCO Tubulars'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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IPSCO Tubulars Accounts Payable & Accrued Expense Chart

IPSCO Tubulars Annual Data

Trend

Dec15

Dec16

Accounts Payable & Accrued Expense

159.46

130.79

IPSCO Tubulars Quarterly Data
	Dec15	Dec16	Sep17
Accounts Payable & Accrued Expense	159.46	130.79	211.24

IPSCO Tubulars 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.

IPSCO Tubulars (IPSCO Tubulars) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » IPSCO Tubulars Inc (NYSE:IPSC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.ipsco.com

IPSCO Tubulars Inc produces and supplies seamless and welded oil country tubular goods (OCTG) with a suite of connections to North American oil and gas exploration and production companies. The company's product portfolio comprises of seamless and welded line, standard and industrial pipes as well as line pipes and mechanical tubing. The firm's products are used in various applications such as machine building, power generation, automobile production, agricultural, commercial construction and automotive industries. Geographically the company receives maximum revenue from the United States.