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Santa Fe Petroleum Inc  (OTCPK:SFPI) Accounts Payable & Accrued Expense: $1.40 Mil (As of Sep. 2013)

Santa Fe Petroleum Inc's quarterly accounts payable & accrued expense increased from Mar. 2013 ($1.23 Mil) to Jun. 2013 ($1.32 Mil) and increased from Jun. 2013 ($1.32 Mil) to Sep. 2013 ($1.40 Mil).

Santa Fe Petroleum Inc's annual accounts payable & accrued expense increased from Dec. 2010 ($0.03 Mil) to Dec. 2011 ($0.06 Mil) and increased from Dec. 2011 ($0.06 Mil) to Dec. 2012 ($1.14 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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Santa Fe Petroleum Inc Annual Data

Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense 0.03 0.06 1.14

Santa Fe Petroleum Inc Quarterly Data

Dec10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.14 1.23 1.32 1.40

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.


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