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Oakbay Resources and Energy (JSE:46926) Accounts Payable & Accrued Expense : R233.3 Mil (As of Feb. 2017)


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What is Oakbay Resources and Energy Accounts Payable & Accrued Expense?

Oakbay Resources and Energy's quarterly accounts payable & accrued expense increased from Feb. 2016 (R252.3 Mil) to Aug. 2016 (R331.6 Mil) but then declined from Aug. 2016 (R331.6 Mil) to Feb. 2017 (R233.3 Mil).

Oakbay Resources and Energy's annual accounts payable & accrued expense increased from Feb. 2015 (R246.8 Mil) to Feb. 2016 (R252.3 Mil) but then declined from Feb. 2016 (R252.3 Mil) to Feb. 2017 (R233.3 Mil).

Oakbay Resources and Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oakbay Resources and 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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Oakbay Resources and Energy Accounts Payable & Accrued Expense Chart

Oakbay Resources and Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17
Accounts Payable & Accrued Expense
601.62 246.75 252.27 233.26

Oakbay Resources and Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 246.75 273.59 252.27 331.60 233.26

Oakbay Resources and 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.

Oakbay Resources and Energy (JSE:46926) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.oakbay.co.za
Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

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