ERHC Energy (ERHC Energy) Accounts Payable & Accrued Expense : $13.20 Mil (As of Jun. 2017)

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What is ERHC Energy Accounts Payable & Accrued Expense?

ERHC Energy's quarterly accounts payable & accrued expense increased from Dec. 2016 ($12.95 Mil) to Mar. 2017 ($13.06 Mil) and increased from Mar. 2017 ($13.06 Mil) to Jun. 2017 ($13.20 Mil).

ERHC Energy's annual accounts payable & accrued expense increased from Sep. 2014 ($3.12 Mil) to Sep. 2015 ($3.73 Mil) and increased from Sep. 2015 ($3.73 Mil) to Sep. 2016 ($12.11 Mil).

ERHC Energy Accounts Payable & Accrued Expense Historical Data

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

ERHC Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Accounts Payable & Accrued Expense

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0.61

0.98

3.12

3.73

12.11

ERHC Energy Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.95	12.11	12.95	13.06	13.20

ERHC 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.

ERHC Energy (ERHC Energy) Business Description

Industry

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

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Traded in Other Exchanges

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Address

5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056

Website

http://www.erhc.com

ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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