Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Accounts Payable & Accrued Expense : $21.63 Mil (As of Dec. 2014)

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What is Integrated Drilling Equipment Holdings Accounts Payable & Accrued Expense?

Integrated Drilling Equipment Holdings's quarterly accounts payable & accrued expense declined from Jun. 2014 ($21.82 Mil) to Sep. 2014 ($20.43 Mil) but then increased from Sep. 2014 ($20.43 Mil) to Dec. 2014 ($21.63 Mil).

Integrated Drilling Equipment Holdings's annual accounts payable & accrued expense declined from Dec. 2012 ($35.27 Mil) to Dec. 2013 ($23.14 Mil) and declined from Dec. 2013 ($23.14 Mil) to Dec. 2014 ($21.63 Mil).

Integrated Drilling Equipment Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Integrated Drilling Equipment Holdings'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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Integrated Drilling Equipment Holdings Accounts Payable & Accrued Expense Chart

Integrated Drilling Equipment Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Accounts Payable & Accrued Expense

30.60

35.27

23.14

21.63

Integrated Drilling Equipment Holdings Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											23.14	23.94	21.82	20.43	21.63

Integrated Drilling Equipment Holdings 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.

Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Integrated Drilling Equipment Holdings Corp (OTCPK:IRIG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

25311 I-45 North, Woodpark Business Center, Spring, TX, USA, 77380

Website

http://www.ide-rig.com

Integrated Drilling Equipment Holdings Corp provides products and services to customers in the oil and gas industry both domestically and internationally. It operates in two segments: Electrical Products & Services and Drilling Products & Services.

Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Headlines

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