GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Auri Inc (OTCPK:AURI) » Definitions » Accounts Payable & Accrued Expense

Auri (AURI) Accounts Payable & Accrued Expense : $0.31 Mil (As of Sep. 2011)


View and export this data going back to 2003. Start your Free Trial

What is Auri Accounts Payable & Accrued Expense?

Auri's quarterly accounts payable & accrued expense declined from Mar. 2011 ($0.32 Mil) to Jun. 2011 ($0.24 Mil) but then increased from Jun. 2011 ($0.24 Mil) to Sep. 2011 ($0.31 Mil).

Auri's annual accounts payable & accrued expense declined from Dec. 2008 ($2.03 Mil) to Dec. 2009 ($1.24 Mil) and declined from Dec. 2009 ($1.24 Mil) to Dec. 2010 ($0.01 Mil).


Auri Accounts Payable & Accrued Expense Historical Data

The historical data trend for Auri'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.

* Premium members only.

Auri Accounts Payable & Accrued Expense Chart

Auri Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.78 2.03 1.24 0.01

Auri Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.32 0.24 0.31

Auri 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.


Auri (AURI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Auri Inc (OTCPK:AURI) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
N/A
Address
1712 Pioneer Avenue, Cheyenne, WY, USA, 82001
Auri Inc is an oil and gas services company that was formed to address the matter of Saltwater Disposal (Produced Water) in locations where oil and gas exploration operations are performed. Its technology utilizes equipment designs and procedures that convert the saltwater that is produced from a well into steam.