Heritage Oil (LSE:0PZU) Accounts Payable & Accrued Expense : £80.1 Mil (As of Dec. 2013)

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What is Heritage Oil Accounts Payable & Accrued Expense?

Heritage Oil's quarterly accounts payable & accrued expense increased from Dec. 2011 (£22.8 Mil) to Dec. 2012 (£64.5 Mil) and increased from Dec. 2012 (£64.5 Mil) to Dec. 2013 (£80.1 Mil).

Heritage Oil's annual accounts payable & accrued expense increased from Dec. 2011 (£22.8 Mil) to Dec. 2012 (£64.5 Mil) and increased from Dec. 2012 (£64.5 Mil) to Dec. 2013 (£80.1 Mil).

Heritage Oil Accounts Payable & Accrued Expense Historical Data

The historical data trend for Heritage Oil'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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Heritage Oil Accounts Payable & Accrued Expense Chart

Heritage Oil Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

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14.34

34.79

22.79

64.53

80.12

Heritage Oil Semi-Annual Data
	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												14.34	34.79	22.79	64.53	80.12

Heritage Oil 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.

Heritage Oil (LSE:0PZU) Business Description

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Address

Website

http://www.heritageoilplc.com

Heritage Oil PLC was incorporated under the Jersey Companies Law on 6 February 2008 as Heritage Oil Limited. The Company changed its name to Heritage Oil Plc on 18 June 2009. The Company is an independent international oil and gas company. The Company is engaged in the exploration, development and production of petroleum and natural gas in Africa, the Middle East and Russia. The Company has exploration projects in Nigeria, Russia, Tanzania, Papua New Guinea, Malta, Pakistan and Libya. The Company has producing assets in Nigeria and Russia and exploration assets in Tanzania, Papua New Guinea, Malta, Libya and Pakistan.

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