ATDEF (Montana Exploration) Accounts Payable & Accrued Expense : $5.27 Mil (As of Sep. 2017)

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What is Montana Exploration Accounts Payable & Accrued Expense?

Montana Exploration's quarterly accounts payable & accrued expense declined from Mar. 2017 ($4.73 Mil) to Jun. 2017 ($4.62 Mil) but then increased from Jun. 2017 ($4.62 Mil) to Sep. 2017 ($5.27 Mil).

Montana Exploration's annual accounts payable & accrued expense declined from Dec. 2014 ($7.19 Mil) to Dec. 2015 ($4.86 Mil) but then increased from Dec. 2015 ($4.86 Mil) to Dec. 2016 ($5.25 Mil).

Montana Exploration Accounts Payable & Accrued Expense Historical Data

The historical data trend for Montana Exploration'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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Montana Exploration Accounts Payable & Accrued Expense Chart

Montana Exploration Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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4.65

6.13

7.19

4.86

5.25

Montana Exploration Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.39	5.25	4.73	4.62	5.27

Montana Exploration 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.

Montana Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Montana Exploration Corp (OTCPK:ATDEF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

144 - 4th Avenue SW, Suite 2300, Calgary, AB, CAN, T2P 3N4

Website

http://www.montanaexplorationcorp.com

Montana Exploration Corp is a Canadian junior oil and gas exploration and production company focusing on the Bakken and Shaunavon oil opportunities underlying its extensive land holdings in Montana. The majority of the Company's assets are located in Blaine County, Montana. Canadian assets are focused at Viking Kinsella, Killam and Cardiff, Alberta which produce approximately 500 mcfd.

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