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Tallgrass Energy (FRA:TGV) Accounts Payable & Accrued Expense : €2.09 Mil (As of Dec. 2012)


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What is Tallgrass Energy Accounts Payable & Accrued Expense?

Tallgrass Energy's quarterly accounts payable & accrued expense declined from Dec. 2010 (€1.48 Mil) to Dec. 2011 (€0.71 Mil) but then increased from Dec. 2011 (€0.71 Mil) to Dec. 2012 (€2.09 Mil).

Tallgrass Energy's annual accounts payable & accrued expense declined from Dec. 2010 (€1.48 Mil) to Dec. 2011 (€0.71 Mil) but then increased from Dec. 2011 (€0.71 Mil) to Dec. 2012 (€2.09 Mil).


Tallgrass Energy Accounts Payable & Accrued Expense Historical Data

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

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.43 0.51 1.48 0.71 2.09

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.43 0.51 1.48 0.71 2.09

Tallgrass 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.


Tallgrass Energy (FRA:TGV) Business Description

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Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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