Poseidon Concepts (Poseidon Concepts) Accounts Payable & Accrued Expense : $37.9 Mil (As of Sep. 2012)

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What is Poseidon Concepts Accounts Payable & Accrued Expense?

Poseidon Concepts's quarterly accounts payable & accrued expense increased from Mar. 2012 ($25.3 Mil) to Jun. 2012 ($36.9 Mil) and increased from Jun. 2012 ($36.9 Mil) to Sep. 2012 ($37.9 Mil).

Poseidon Concepts's annual accounts payable & accrued expense increased from Dec. 2009 ($9.1 Mil) to Dec. 2010 ($10.6 Mil) and increased from Dec. 2010 ($10.6 Mil) to Dec. 2011 ($54.5 Mil).

Poseidon Concepts Accounts Payable & Accrued Expense Historical Data

The historical data trend for Poseidon Concepts'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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Poseidon Concepts Accounts Payable & Accrued Expense Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Accounts Payable & Accrued Expense

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9.17

13.01

9.09

10.64

54.50

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										30.18	54.50	25.26	36.92	37.93

Poseidon Concepts 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.

Poseidon Concepts (Poseidon Concepts) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8

Website

http://www.poseidonconcepts.com

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

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