Sonde Resources (Sonde Resources) Accounts Payable & Accrued Expense : $0.90 Mil (As of Jun. 2014)

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What is Sonde Resources Accounts Payable & Accrued Expense?

Sonde Resources's quarterly accounts payable & accrued expense declined from Dec. 2013 ($4.05 Mil) to Mar. 2014 ($2.59 Mil) and declined from Mar. 2014 ($2.59 Mil) to Jun. 2014 ($0.90 Mil).

Sonde Resources's annual accounts payable & accrued expense declined from Dec. 2011 ($17.25 Mil) to Dec. 2012 ($6.92 Mil) and declined from Dec. 2012 ($6.92 Mil) to Dec. 2013 ($4.05 Mil).

Sonde Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sonde Resources'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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Sonde Resources Accounts Payable & Accrued Expense Chart

Sonde Resources Annual Data

Trend

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Accounts Payable & Accrued Expense

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25.10

17.98

17.25

6.92

4.05

Sonde Resources Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.83	5.33	4.05	2.59	0.90

Sonde Resources 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.

Sonde Resources (Sonde Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sonde Resources Corp (AMEX:SOQDQ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6

Website

http://www.sonderesources.com

Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

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