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MPI (XPAR:MPI) Accounts Payable & Accrued Expense : €8.01 Mil (As of Jun. 2015)


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What is MPI Accounts Payable & Accrued Expense?

MPI's quarterly accounts payable & accrued expense increased from Jun. 2014 (€6.66 Mil) to Dec. 2014 (€14.90 Mil) but then declined from Dec. 2014 (€14.90 Mil) to Jun. 2015 (€8.01 Mil).

MPI's annual accounts payable & accrued expense increased from Dec. 2012 (€1.22 Mil) to Dec. 2013 (€7.31 Mil) and increased from Dec. 2013 (€7.31 Mil) to Dec. 2014 (€14.90 Mil).

MPI Accounts Payable & Accrued Expense Historical Data

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

MPI Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense
12.61 4.29 1.22 7.31 14.90

MPI Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 7.31 6.66 14.90 8.01

MPI 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.

MPI (XPAR:MPI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPI SA (XPAR:MPI) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.mpienergy.com
MPI is a Nigerian oil & gas exploration and production company.

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