African Eagle Resources (LSE:AFE) Accounts Payable: £0.07 Mil (As of Jun. 2014)


What is African Eagle Resources Accounts Payable?

African Eagle Resources LSE:AFE Accounts Payable is £0.07 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

African Eagle Resources's Accounts Payable for the quarter that ended in Jun. 2014 was £0.07 Mil.

African Eagle Resources's quarterly Accounts Payable declined from Jun. 2013 (£1.23 Mil) to Dec. 2013 (£0.05 Mil) but then increased from Dec. 2013 (£0.05 Mil) to Jun. 2014 (£0.07 Mil).

African Eagle Resources's annual Accounts Payable declined from Dec. 2011 (£0.11 Mil) to Dec. 2012 (£0.06 Mil) and declined from Dec. 2012 (£0.06 Mil) to Dec. 2013 (£0.05 Mil).

African Eagle Resources Accounts Payable Related Terms

African Eagle Resources Accounts Payable Historical Data

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The historical data trend for African Eagle Resources'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.

African Eagle Resources Accounts Payable Chart

African Eagle Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.19 0.11 0.06 0.05

African Eagle Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 1.75 0.06 1.23 0.05 0.07

African Eagle Resources 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 £0.07 Mil mean?
African Eagle Resources (LSE:AFE) has a Accounts Payable of £0.07 Mil as of Jun. 2014. 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 African Eagle Resources and its competitors.
Is African Eagle Resources' Accounts Payable too high?
African Eagle Resources' current Accounts Payable is £0.07 Mil.
How does African Eagle Resources' Accounts Payable compare to competitors?
African Eagle Resources' Accounts Payable of £0.07 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining 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 African Eagle Resources and its competitors. African Eagle Resources's current Accounts Payable is £0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Eagle Resources stock overvalued right now?
African Eagle Resources (LSE:AFE) has a current Accounts Payable of £0.07 Mil. The current Accounts Payable is £0.07 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 African Eagle Resources (LSE:AFE), the current Accounts Payable is £0.07 Mil as of Jun. 2014. 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.

African Eagle Resources Business Description

African Eagle Resources PLC was incorporated on January 19, 2000. The Company is engaged in the exploration and development of nickel. The Company's Investing Policy is to seek opportunities in the natural resources, infrastructure and services sectors located in all geographic regions. It has 10% free carried interest in the Dutwa nickel project in Tanzania. It also has a shareholding of 14.4% in Elephant Copper Ltd a BVI registered company, with interests in copper projects in Zambia.