Mondial Ventures (Mondial Ventures) Accounts Payable & Accrued Expense : $0.61 Mil (As of Sep. 2014)

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What is Mondial Ventures Accounts Payable & Accrued Expense?

Mondial Ventures's quarterly accounts payable & accrued expense declined from Mar. 2014 ($0.67 Mil) to Jun. 2014 ($0.62 Mil) and declined from Jun. 2014 ($0.62 Mil) to Sep. 2014 ($0.61 Mil).

Mondial Ventures's annual accounts payable & accrued expense declined from Dec. 2011 ($0.53 Mil) to Dec. 2012 ($0.19 Mil) but then increased from Dec. 2012 ($0.19 Mil) to Dec. 2013 ($0.24 Mil).

Mondial Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mondial Ventures'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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Mondial Ventures Accounts Payable & Accrued Expense Chart

Mondial Ventures Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

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Dec13

Accounts Payable & Accrued Expense

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0.01

0.53

0.19

0.24

Mondial Ventures Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.18	0.24	0.67	0.62	0.61

Mondial Ventures 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.

Mondial Ventures (Mondial Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mondial Ventures Inc (OTCPK:MNVN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253

Website

http://www.mondialventures.com

Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines

From GuruFocus

Mondial Ventures, Inc. Announces Update On Its Corporate Status and Intent to Become Current in Its OTC Listing

By PRNewswire PRNewswire • 05-20-2021

Mondial Ventures, Inc. Completes Its Preparation For Their Pink Sheet Current Listing With OTC Markets

By PRNewswire PRNewswire • 06-30-2021