Cross Border Resources (Cross Border Resources) Accounts Payable & Accrued Expense : $4.27 Mil (As of Mar. 2015)

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What is Cross Border Resources Accounts Payable & Accrued Expense?

Cross Border Resources's quarterly accounts payable & accrued expense increased from Sep. 2014 ($2.02 Mil) to Dec. 2014 ($2.53 Mil) and increased from Dec. 2014 ($2.53 Mil) to Mar. 2015 ($4.27 Mil).

Cross Border Resources's annual accounts payable & accrued expense declined from Dec. 2012 ($5.39 Mil) to Dec. 2013 ($1.33 Mil) but then increased from Dec. 2013 ($1.33 Mil) to Dec. 2014 ($2.53 Mil).

Cross Border Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cross Border 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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Cross Border Resources Accounts Payable & Accrued Expense Chart

Cross Border Resources Annual Data

Trend

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Dec14

Accounts Payable & Accrued Expense

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0.44

2.68

5.39

1.33

2.53

Cross Border Resources Quarterly Data
	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.50	1.07	2.02	2.53	4.27

Cross Border 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.

Cross Border Resources (Cross Border Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Border Resources Inc (OTCPK:XBOR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201

Website

http://www.xbres.com

Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.

Executives

Laroche Richard F Jr	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii	other: Former Chief Executive Officer	P. O. BOX 5375, MIDLAND TX 79704

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