Enseco Energy Services (Enseco Energy Services) Accounts Payable & Accrued Expense : $4.29 Mil (As of Jun. 2015)

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What is Enseco Energy Services Accounts Payable & Accrued Expense?

Enseco Energy Services's quarterly accounts payable & accrued expense declined from Dec. 2014 ($10.40 Mil) to Mar. 2015 ($5.95 Mil) and declined from Mar. 2015 ($5.95 Mil) to Jun. 2015 ($4.29 Mil).

Enseco Energy Services's annual accounts payable & accrued expense increased from Mar. 2012 ($7.15 Mil) to Dec. 2013 ($7.29 Mil) and increased from Dec. 2013 ($7.29 Mil) to Dec. 2014 ($10.40 Mil).

Enseco Energy Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Enseco Energy 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.

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Enseco Energy Services Accounts Payable & Accrued Expense Chart

Enseco Energy Services Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Dec13

Dec14

Accounts Payable & Accrued Expense

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11.50

10.86

7.15

7.29

10.40

Enseco Energy Services Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.38	12.22	10.40	5.95	4.29

Enseco Energy 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.

Enseco Energy Services (Enseco Energy Services) Business Description

Industry

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

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Traded in Other Exchanges

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Address

138 - 4th Avenue SE, Suite 800, Calgary, AB, CAN, T2G 4Z6

Website

http://www.enseco.ca

Enseco Energy Services Corp is primarily involved in the exploration of oil and natural resource business activities. It also involved in directional and horizontal drilling, production and frac flow backtesting. The company operates in two regions namely Western Canadian Sedimentary Basin and select markets in the United States of America (USA). It derives most of its revenues from the sale of the exploration business and has operations spread across Canada.

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