Tuscany Energy (Tuscany Energy) Accounts Payable & Accrued Expense : $1.92 Mil (As of Mar. 2016)

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What is Tuscany Energy Accounts Payable & Accrued Expense?

Tuscany Energy's quarterly accounts payable & accrued expense increased from Sep. 2015 ($1.58 Mil) to Dec. 2015 ($2.27 Mil) but then declined from Dec. 2015 ($2.27 Mil) to Mar. 2016 ($1.92 Mil).

Tuscany Energy's annual accounts payable & accrued expense increased from Dec. 2013 ($2.69 Mil) to Dec. 2014 ($5.89 Mil) but then declined from Dec. 2014 ($5.89 Mil) to Dec. 2015 ($2.27 Mil).

Tuscany Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tuscany Energy'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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Tuscany Energy Accounts Payable & Accrued Expense Chart

Tuscany Energy Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Accounts Payable & Accrued Expense

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6.71

3.16

2.69

5.89

2.27

Tuscany Energy Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.50	2.22	1.58	2.27	1.92

Tuscany Energy 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.

Tuscany Energy (Tuscany Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany Energy Ltd (OTCPK:TSCAF) » Definitions » Accounts Payable & Accrued Expense

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Address

1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5

Website

http://www.tuscanyenergy.com

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

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