GLRI (Glori Energy) Accounts Payable: $1.00 Mil (As of Dec. 2016)


What is Glori Energy Accounts Payable?

Glori Energy GLRI Accounts Payable is $1.00 Mil as of Dec. 2016.

Glori Energy's Accounts Payable for the quarter that ended in Dec. 2016 was $1.00 Mil.

Glori Energy's quarterly Accounts Payable increased from Jun. 2016 ($0.64 Mil) to Sep. 2016 ($0.72 Mil) and increased from Sep. 2016 ($0.72 Mil) to Dec. 2016 ($1.00 Mil).

Glori Energy's annual Accounts Payable increased from Mar. 2014 ($0.00 Mil) to Dec. 2015 ($1.43 Mil) but then declined from Dec. 2015 ($1.43 Mil) to Dec. 2016 ($1.00 Mil).

Glori Energy Accounts Payable Historical Data

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The historical data trend for Glori 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.

Glori Energy Accounts Payable Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Accounts Payable
0.00 0.00 0.00 1.43 1.00

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.43 1.10 0.64 0.72 1.00

Glori 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 $1.00 Mil mean?
Glori Energy (GLRI) has a Accounts Payable of $1.00 Mil as of Dec. 2016. 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 Glori Energy and its competitors.
Is Glori Energy's Accounts Payable too high?
Glori Energy's current Accounts Payable is $1.00 Mil.
How does Glori Energy's Accounts Payable compare to ALYE and FOSI?
Glori Energy's Accounts Payable of $1.00 Mil can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Accounts Payable depends on the Diversified Financial Services 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 Glori Energy and its competitors. Glori Energy's current Accounts Payable is $1.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glori Energy stock overvalued right now?
Glori Energy (GLRI) has a current Accounts Payable of $1.00 Mil. The current Accounts Payable is $1.00 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 Glori Energy (GLRI), the current Accounts Payable is $1.00 Mil as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.