KOSK (Metawells Oil & Gas) Accounts Payable & Accrued Expense: $1.04 Mil (As of Sep. 2010)

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What is Metawells Oil & Gas Accounts Payable & Accrued Expense?

Metawells Oil & Gas KOSK Accounts Payable & Accrued Expense is $1.04 Mil as of Sep. 2010.

Metawells Oil & Gas's quarterly accounts payable & accrued expense increased from Mar. 2010 ($0.94 Mil) to Jun. 2010 ($0.99 Mil) and increased from Jun. 2010 ($0.99 Mil) to Sep. 2010 ($1.04 Mil).

Metawells Oil & Gas's annual accounts payable & accrued expense increased from Dec. 2007 ($0.86 Mil) to Dec. 2008 ($0.93 Mil) but then declined from Dec. 2008 ($0.93 Mil) to Dec. 2009 ($0.92 Mil).

Metawells Oil & Gas Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Metawells Oil & Gas'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.

Metawells Oil & Gas Accounts Payable & Accrued Expense Chart

Metawells Oil & Gas Annual Data
Trend Dec07 Dec08 Dec09
Accounts Payable & Accrued Expense
0.86 0.93 0.92

Metawells Oil & Gas Quarterly Data
Mar06 Jun06 Mar07 Jun07 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.92 0.94 0.99 1.04

Metawells Oil & Gas 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.

What does a Accounts Payable & Accrued Expense of $1.04 Mil mean?
Metawells Oil & Gas (KOSK) has a Accounts Payable & Accrued Expense of $1.04 Mil as of Sep. 2010. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Metawells Oil & Gas and its competitors.
Is Metawells Oil & Gas' Accounts Payable & Accrued Expense too high?
Metawells Oil & Gas' current Accounts Payable & Accrued Expense is $1.04 Mil.
How does Metawells Oil & Gas' Accounts Payable & Accrued Expense compare to ABVN and SPEX?
Metawells Oil & Gas' Accounts Payable & Accrued Expense of $1.04 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Oil & Gas company?
A good Accounts Payable & Accrued Expense depends on the Oil & Gas industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Metawells Oil & Gas and its competitors. Metawells Oil & Gas's current Accounts Payable & Accrued Expense is $1.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metawells Oil & Gas stock overvalued right now?
Metawells Oil & Gas (KOSK) has a current Accounts Payable & Accrued Expense of $1.04 Mil. The current Accounts Payable & Accrued Expense is $1.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Metawells Oil & Gas (KOSK), the current Accounts Payable & Accrued Expense is $1.04 Mil as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Metawells Oil & Gas Business Description

Industry EnergyOil & Gas
Address 600 Mamaroneck Avenue, Harrison, NY, USA, 10528
Metawells Oil & Gas Inc is a holding company engaged in two sectors: energy and technology. Its goal is to provide high-quality oil and gas services to its clients while minimizing environmental impact and promoting safety. The group focused on the multi-zone development and Enhanced Oil Recovery (EOR) of extreme shallow medium gravity oil.