West Texas Resources (West Texas Resources) Accounts Payable & Accrued Expense : $0.17 Mil (As of Sep. 2023)

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What is West Texas Resources Accounts Payable & Accrued Expense?

West Texas Resources's quarterly accounts payable & accrued expense declined from Sep. 2017 ($0.28 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.17 Mil).

West Texas Resources's annual accounts payable & accrued expense declined from Sep. 2014 ($0.27 Mil) to Sep. 2015 ($0.27 Mil) and declined from Sep. 2015 ($0.27 Mil) to Sep. 2016 ($0.23 Mil).

West Texas Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for West Texas 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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West Texas Resources Accounts Payable & Accrued Expense Chart

West Texas Resources Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Accounts Payable & Accrued Expense

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0.08

0.26

0.27

0.23

West Texas Resources Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Sep22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.17	0.19	0.28	-	0.17

West Texas 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.

West Texas Resources (West Texas Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » West Texas Resources Inc (OTCPK:WTXR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5729 Lebanon Road, Suite 144, Frisco, TX, USA, 75034

Website

http://www.westtexasresources.com

West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The Company targets both new and existing fields and producing wells to be revitalized.

West Texas Resources (West Texas Resources) Headlines

From GuruFocus

West Texas Resources signs Joint Venture Agreement

By Marketwired Marketwired • 06-29-2018