Energy & Technology (Energy & Technology) Accounts Payable & Accrued Expense : $4.44 Mil (As of Sep. 2018)

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What is Energy & Technology Accounts Payable & Accrued Expense?

Energy & Technology's quarterly accounts payable & accrued expense declined from Mar. 2018 ($4.43 Mil) to Jun. 2018 ($4.36 Mil) but then increased from Jun. 2018 ($4.36 Mil) to Sep. 2018 ($4.44 Mil).

Energy & Technology's annual accounts payable & accrued expense increased from Dec. 2015 ($2.99 Mil) to Dec. 2016 ($3.59 Mil) and increased from Dec. 2016 ($3.59 Mil) to Dec. 2017 ($4.35 Mil).

Energy & Technology Accounts Payable & Accrued Expense Historical Data

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

Energy & Technology Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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4.94

4.89

2.99

3.59

4.35

Energy & Technology Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.33	4.35	4.43	4.36	4.44

Energy & Technology 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.

Energy & Technology (Energy & Technology) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 52523, Lafayette, LA, USA, 70505

Website

https://www.engt.com

Energy & Technology Corp is engaged in the manufacturing and reclamation of commodities, energy, technology, oil and gas equipment, and products. The company offers services, which include engineering, manufacturing, reclamation, sales, destructive and non-destructive testing (NDT), inspection services, storage, and maintenance for pipes and equipment utilized in the energy industry. The manufactured pipe and equipment are supplied to the company by various steel mills in finished or unfinished form for it to process.

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