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Navios Maritime Midstream Partners LP (Navios Maritime Midstream Partners LP) Accounts Payable & Accrued Expense : $6.67 Mil (As of Sep. 2018)


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What is Navios Maritime Midstream Partners LP Accounts Payable & Accrued Expense?

Navios Maritime Midstream Partners LP's quarterly accounts payable & accrued expense declined from Mar. 2018 ($4.09 Mil) to Jun. 2018 ($3.17 Mil) but then increased from Jun. 2018 ($3.17 Mil) to Sep. 2018 ($6.67 Mil).

Navios Maritime Midstream Partners LP's annual accounts payable & accrued expense increased from Dec. 2015 ($1.50 Mil) to Dec. 2016 ($2.99 Mil) but then declined from Dec. 2016 ($2.99 Mil) to Dec. 2017 ($2.57 Mil).

Navios Maritime Midstream Partners LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for Navios Maritime Midstream Partners LP'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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Navios Maritime Midstream Partners LP Accounts Payable & Accrued Expense Chart

Navios Maritime Midstream Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 1.03 6.15 1.50 2.99 2.57

Navios Maritime Midstream Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 2.50 2.57 4.09 3.17 6.67

Navios Maritime Midstream Partners LP 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.

Navios Maritime Midstream Partners LP (Navios Maritime Midstream Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Midstream Partners LP (NYSE:NAP) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.navios-midstream.com
Navios Maritime Midstream Partners LP is a shipping service provider based in Monaco. Its core business involves the acquisition of crude oil, petroleum and LPG tankers. Its vessels are chartered under long-term employment contracts to international oil companies, refiners, and large vessel operators. Its primary source of revenue is through chartering of its vessels to clients in the Asian region.