Valiant Petroleum (LSE:VPP) Accounts Payable & Accrued Expense : £87.0 Mil (As of Jun. 2012)

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What is Valiant Petroleum Accounts Payable & Accrued Expense?

Valiant Petroleum's quarterly accounts payable & accrued expense declined from Jun. 2011 (£54.1 Mil) to Dec. 2011 (£18.8 Mil) but then increased from Dec. 2011 (£18.8 Mil) to Jun. 2012 (£87.0 Mil).

Valiant Petroleum's annual accounts payable & accrued expense increased from Dec. 2009 (£0.7 Mil) to Dec. 2010 (£4.5 Mil) and increased from Dec. 2010 (£4.5 Mil) to Dec. 2011 (£18.8 Mil).

Valiant Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Valiant Petroleum'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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Valiant Petroleum Accounts Payable & Accrued Expense Chart

Valiant Petroleum Annual Data

Trend

Sep06

Sep07

Dec08

Dec09

Dec10

Dec11

Accounts Payable & Accrued Expense

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9.36

0.71

4.47

18.81

Valiant Petroleum Semi-Annual Data
	Mar08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			46.64	4.47	54.10	18.81	87.00

Valiant Petroleum 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.

Valiant Petroleum (LSE:VPP) Business Description

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