BPZ Resources (FRA:NA4) Accounts Payable & Accrued Expense : €11.65 Mil (As of Mar. 2015)

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What is BPZ Resources Accounts Payable & Accrued Expense?

BPZ Resources's quarterly accounts payable & accrued expense declined from Sep. 2014 (€14.63 Mil) to Dec. 2014 (€12.80 Mil) and declined from Dec. 2014 (€12.80 Mil) to Mar. 2015 (€11.65 Mil).

BPZ Resources's annual accounts payable & accrued expense declined from Dec. 2012 (€54.62 Mil) to Dec. 2013 (€14.23 Mil) and declined from Dec. 2013 (€14.23 Mil) to Dec. 2014 (€12.80 Mil).

BPZ Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for BPZ Resources'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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BPZ Resources Accounts Payable & Accrued Expense Chart

BPZ Resources Annual Data

Trend

Dec05

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Accounts Payable & Accrued Expense

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42.35

35.18

54.62

14.23

12.80

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12.49	14.71	14.63	12.80	11.65

BPZ Resources 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.

BPZ Resources (FRA:NA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BPZ Resources Inc (FRA:NA4) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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