RTS Oil Holdings (RTS Oil Holdings) Accounts Payable & Accrued Expense : $10.82 Mil (As of Dec. 2013)

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What is RTS Oil Holdings Accounts Payable & Accrued Expense?

RTS Oil Holdings's quarterly accounts payable & accrued expense increased from Jun. 2013 ($6.50 Mil) to Sep. 2013 ($7.45 Mil) and increased from Sep. 2013 ($7.45 Mil) to Dec. 2013 ($10.82 Mil).

RTS Oil Holdings's annual accounts payable & accrued expense increased from Mar. 2011 ($0.90 Mil) to Mar. 2012 ($1.23 Mil) and increased from Mar. 2012 ($1.23 Mil) to Mar. 2013 ($1.63 Mil).

RTS Oil Holdings Accounts Payable & Accrued Expense Historical Data

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

RTS Oil Holdings Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Accounts Payable & Accrued Expense

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0.08

0.90

1.23

1.63

RTS Oil Holdings Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.43	1.63	6.50	7.45	10.82

RTS Oil Holdings 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.

RTS Oil Holdings (RTS Oil Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » RTS Oil Holdings Inc (OTCPK:RTSO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website

http://www.geopointtech.com

RTS Oil Holdings Inc provides geological and earth study services related to land surveying for new construction, soil testing & environmental risk & impact assessments, natural resource assessments with an emphasis on oil & gas deposit discovery.

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