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EFLO Energy (EFLO Energy) Accounts Payable & Accrued Expense : $2.47 Mil (As of May. 2015)


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What is EFLO Energy Accounts Payable & Accrued Expense?

EFLO Energy's quarterly accounts payable & accrued expense declined from Nov. 2014 ($2.95 Mil) to Feb. 2015 ($2.87 Mil) and declined from Feb. 2015 ($2.87 Mil) to May. 2015 ($2.47 Mil).

EFLO Energy's annual accounts payable & accrued expense increased from Aug. 2012 ($1.48 Mil) to Aug. 2013 ($3.12 Mil) and increased from Aug. 2013 ($3.12 Mil) to Aug. 2014 ($4.25 Mil).


EFLO Energy Accounts Payable & Accrued Expense Historical Data

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

EFLO Energy Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.07 0.30 1.48 3.12 4.25

EFLO Energy Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 4.03 4.25 2.95 2.87 2.47

EFLO Energy 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.


EFLO Energy (EFLO Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EFLO Energy Inc (OTCPK:EFLO) » Definitions » Accounts Payable & Accrued Expense
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Address
EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.
Executives
Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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