Pure Acquisition (Pure Acquisition) Accounts Payable & Accrued Expense : $2.41 Mil (As of Jun. 2020)

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What is Pure Acquisition Accounts Payable & Accrued Expense?

Pure Acquisition's quarterly accounts payable & accrued expense increased from Dec. 2019 ($2.02 Mil) to Mar. 2020 ($2.89 Mil) but then declined from Mar. 2020 ($2.89 Mil) to Jun. 2020 ($2.41 Mil).

Pure Acquisition's annual accounts payable & accrued expense increased from Dec. 2017 ($0.21 Mil) to Dec. 2018 ($0.40 Mil) and increased from Dec. 2018 ($0.40 Mil) to Dec. 2019 ($2.02 Mil).

Pure Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pure Acquisition'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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Pure Acquisition Accounts Payable & Accrued Expense Chart

Pure Acquisition Annual Data

Trend

Dec17

Dec18

Dec19

Accounts Payable & Accrued Expense

0.21

0.40

2.02

Pure Acquisition Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					0.16	0.17	2.02	2.89	2.41

Pure Acquisition 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.

Pure Acquisition (Pure Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pure Acquisition Corp (NAS:PACQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

421 West 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102

Website

Pure Acquisition Corp is a blank check company. The firm intends to focus its search for a target business in the energy industry, including the upstream oil and gas industry in North America.