Royal Energy Resources (Royal Energy Resources) Accounts Payable & Accrued Expense : $33.1 Mil (As of Sep. 2019)

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What is Royal Energy Resources Accounts Payable & Accrued Expense?

Royal Energy Resources's quarterly accounts payable & accrued expense increased from Mar. 2019 ($30.3 Mil) to Jun. 2019 ($37.4 Mil) but then declined from Jun. 2019 ($37.4 Mil) to Sep. 2019 ($33.1 Mil).

Royal Energy Resources's annual accounts payable & accrued expense increased from Dec. 2016 ($19.1 Mil) to Dec. 2017 ($26.3 Mil) but then declined from Dec. 2017 ($26.3 Mil) to Dec. 2018 ($26.1 Mil).

Royal Energy Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Royal Energy Resources'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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Royal Energy Resources Accounts Payable & Accrued Expense Chart

Royal Energy Resources Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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0.08

0.14

19.11

26.27

26.07

Royal Energy Resources Quarterly Data
	Nov14	Feb15	May15	Aug15	Nov15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															30.01	26.07	30.32	37.43	33.07

Royal Energy Resources 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.

Royal Energy Resources (Royal Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Royal Energy Resources Inc (OTCPK:ROYE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Broad Street, Suite 2, Charleston, SC, USA, 29401

Website

https://www.royalenergy.us

Royal Energy Resources Inc is engaged in the acquisition of coal, gas and renewable energy assets.

Executives

William L Tuorto	director, officer: Executive Chairman	56 BROAD STREET SUITE 2 CHARLESTON SC 29412
Ronald Phillips	officer: President	DKR CAPITAL PARTNERS LP 1281 EAST MAIN STREET STAMFORD CT 06902
Brian Hughs	director, officer: Vice President	203 SOUTH 3RD ST. CANANDIAN TX 79014
Ian Ganzer	officer: Chief Operating Officer	304 WAITMAN ST MORGANTOWN WV 26501

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