Universal Energy (Universal Energy) Accounts Payable & Accrued Expense : $0.50 Mil (As of Sep. 2009)

View and export this data going back to 2004. Start your Free Trial

What is Universal Energy Accounts Payable & Accrued Expense?

Universal Energy's quarterly accounts payable & accrued expense increased from Mar. 2009 ($0.54 Mil) to Jun. 2009 ($0.65 Mil) but then declined from Jun. 2009 ($0.65 Mil) to Sep. 2009 ($0.50 Mil).

Universal Energy's annual accounts payable & accrued expense increased from Dec. 2006 ($0.04 Mil) to Dec. 2007 ($0.35 Mil) and increased from Dec. 2007 ($0.35 Mil) to Dec. 2008 ($0.46 Mil).

Universal Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Universal 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.

* Premium members only.

Universal Energy Accounts Payable & Accrued Expense Chart

Universal Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

0.04

0.06

0.04

0.35

0.46

Universal Energy Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.61	0.46	0.54	0.65	0.50

Universal 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.

Universal Energy (Universal Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Universal Energy Corp (OTCPK:UVSE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746

Website

http://www.universalenergycorp.info

Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.

Universal Energy (Universal Energy) Headlines

No Headlines