ERINQ (Erin Energy) Accounts Payable: $230.9 Mil (As of Dec. 2017)

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What is Erin Energy Accounts Payable?

Erin Energy ERINQ -99.00% Accounts Payable is $230.9 Mil as of Dec. 2017.

Erin Energy's Accounts Payable for the quarter that ended in Dec. 2017 was $230.9 Mil.

Erin Energy's quarterly Accounts Payable increased from Jun. 2017 ($245.0 Mil) to Sep. 2017 ($256.6 Mil) but then declined from Sep. 2017 ($256.6 Mil) to Dec. 2017 ($230.9 Mil).

Erin Energy's annual Accounts Payable increased from Dec. 2015 ($153.1 Mil) to Dec. 2016 ($202.8 Mil) and increased from Dec. 2016 ($202.8 Mil) to Dec. 2017 ($230.9 Mil).

Erin Energy Accounts Payable Historical Data

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The historical data trend for Erin Energy's Accounts Payable 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.

Erin Energy Accounts Payable Chart

Erin Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 104.03 153.09 202.82 230.90

Erin Energy Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 202.82 245.11 245.01 256.61 230.90

Erin Energy Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $230.9 Mil mean?
Erin Energy (ERINQ) has a Accounts Payable of $230.9 Mil as of Dec. 2017. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Erin Energy and its competitors.
Is Erin Energy's Accounts Payable too high?
Erin Energy's current Accounts Payable is $230.9 Mil.
How does Erin Energy's Accounts Payable compare to FPPP and UNGS?
Erin Energy's Accounts Payable of $230.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Erin Energy and its competitors. Erin Energy's current Accounts Payable is $230.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erin Energy stock overvalued right now?
Erin Energy (ERINQ) has a current Accounts Payable of $230.9 Mil. The current Accounts Payable is $230.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Erin Energy (ERINQ), the current Accounts Payable is $230.9 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Erin Energy Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 2250, Houston, TX, USA, 77056
Erin Energy Corp is an independent oil and gas exploration and production company with a focus on finding and producing oil in sub-Saharan Africa.