FRMC (Formcap) Accounts Payable: $0.15 Mil (As of Jun. 2017)


What is Formcap Accounts Payable?

Formcap FRMC -99.95% Accounts Payable is $0.15 Mil as of Jun. 2017.

Formcap's Accounts Payable for the quarter that ended in Jun. 2017 was $0.15 Mil.

Formcap's quarterly Accounts Payable stayed the same from Sep. 2016 ($0.15 Mil) to Mar. 2017 ($0.15 Mil) but then declined from Mar. 2017 ($0.15 Mil) to Jun. 2017 ($0.15 Mil).

Formcap's annual Accounts Payable declined from Dec. 2012 ($0.65 Mil) to Dec. 2013 ($0.10 Mil) and declined from Dec. 2013 ($0.10 Mil) to Dec. 2014 ($0.02 Mil).

Formcap Accounts Payable Historical Data

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The historical data trend for Formcap'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.

Formcap Accounts Payable Chart

Formcap Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Payable
Get a 7-Day Free Trial 0.36 0.17 0.65 0.10 0.02

Formcap Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17
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 0.15 0.15 0.15 0.15 0.15

Formcap 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 $0.15 Mil mean?
Formcap (FRMC) has a Accounts Payable of $0.15 Mil as of Jun. 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 Formcap and its competitors.
Is Formcap's Accounts Payable too high?
Formcap's current Accounts Payable is $0.15 Mil.
How does Formcap's Accounts Payable compare to UNGS and SPOWF?
Formcap's Accounts Payable of $0.15 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 Formcap and its competitors. Formcap's current Accounts Payable is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formcap stock overvalued right now?
Formcap (FRMC) has a current Accounts Payable of $0.15 Mil. The current Accounts Payable is $0.15 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 Formcap (FRMC), the current Accounts Payable is $0.15 Mil as of Jun. 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.

Formcap Business Description

Industry EnergyOil & Gas
Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower U.S. states, targeting the Mississippian formation in southeast Kansas.