CSSV (Caspian Services) Accounts Payable & Accrued Expense: $4.21 Mil (As of Jun. 2016)


What is Caspian Services Accounts Payable & Accrued Expense?

Caspian Services CSSV Accounts Payable & Accrued Expense is $4.21 Mil as of Jun. 2016.

Caspian Services's quarterly accounts payable & accrued expense increased from Dec. 2015 ($3.45 Mil) to Mar. 2016 ($3.88 Mil) and increased from Mar. 2016 ($3.88 Mil) to Jun. 2016 ($4.21 Mil).

Caspian Services's annual accounts payable & accrued expense increased from Sep. 2013 ($4.56 Mil) to Sep. 2014 ($4.61 Mil) but then declined from Sep. 2014 ($4.61 Mil) to Sep. 2015 ($3.91 Mil).

Caspian Services Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Caspian Services'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.

Caspian Services Accounts Payable & Accrued Expense Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 4.45 4.56 4.61 3.91

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 4.56 3.91 3.45 3.88 4.21

Caspian Services 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.

What does a Accounts Payable & Accrued Expense of $4.21 Mil mean?
Caspian Services (CSSV) has a Accounts Payable & Accrued Expense of $4.21 Mil as of Jun. 2016. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Caspian Services and its competitors.
Is Caspian Services' Accounts Payable & Accrued Expense too high?
Caspian Services' current Accounts Payable & Accrued Expense is $4.21 Mil.
How does Caspian Services' Accounts Payable & Accrued Expense compare to GLRI and TIRTZ?
Caspian Services' Accounts Payable & Accrued Expense of $4.21 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Oil & Gas company?
A good Accounts Payable & Accrued Expense depends on the Oil & Gas industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Caspian Services and its competitors. Caspian Services's current Accounts Payable & Accrued Expense is $4.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Accounts Payable & Accrued Expense of $4.21 Mil. The current Accounts Payable & Accrued Expense is $4.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Caspian Services (CSSV), the current Accounts Payable & Accrued Expense is $4.21 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Caspian Services Business Description

Industry EnergyOil & Gas
Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.