Max Petroleum (LSE:MXP) Accounts Payable: £26.36 Mil (As of Sep. 2014)

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What is Max Petroleum Accounts Payable?

Max Petroleum LSE:MXP Accounts Payable is £26.36 Mil as of Sep. 2014. The stock has 6 warning signs investors should review.

Max Petroleum's Accounts Payable for the quarter that ended in Sep. 2014 was £26.36 Mil.

Max Petroleum's quarterly Accounts Payable increased from Sep. 2013 (£0.00 Mil) to Mar. 2014 (£5.35 Mil) and increased from Mar. 2014 (£5.35 Mil) to Sep. 2014 (£26.36 Mil).

Max Petroleum's annual Accounts Payable declined from Mar. 2012 (£9.48 Mil) to Mar. 2013 (£2.44 Mil) but then increased from Mar. 2013 (£2.44 Mil) to Mar. 2014 (£5.35 Mil).

Max Petroleum Accounts Payable Related Terms

Max Petroleum Accounts Payable Historical Data

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The historical data trend for Max Petroleum'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.

Max Petroleum Accounts Payable Chart

Max Petroleum Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 1.56 2.58 9.48 2.44 5.35

Max Petroleum Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 0.00 2.44 0.00 5.35 26.36

Max Petroleum 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 £26.36 Mil mean?
Max Petroleum (LSE:MXP) has a Accounts Payable of £26.36 Mil as of Sep. 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 Max Petroleum and its competitors.
Is Max Petroleum's Accounts Payable too high?
Max Petroleum's current Accounts Payable is £26.36 Mil.
How does Max Petroleum's Accounts Payable compare to competitors?
Max Petroleum's Accounts Payable of £26.36 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 Max Petroleum and its competitors. Max Petroleum's current Accounts Payable is £26.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Petroleum stock overvalued right now?
Max Petroleum (LSE:MXP) has a current Accounts Payable of £26.36 Mil. The current Accounts Payable is £26.36 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 Max Petroleum (LSE:MXP), the current Accounts Payable is £26.36 Mil as of Sep. 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.

Max Petroleum Business Description

Industry EnergyOil & Gas
Address 4th Floor, Ergon House, Dean Bradley Street, London, GBR, SW1P 2AL
Max Petroleum Plc is an independent oil and gas exploration and production company. The company is engaged in the business of exploration, development, and production of oil and gas assets within the Republic of Kazakhstan. The group owns the exploration and production rights to the Blocks A&E License, which comprises two onshore blocks extending over 12,455 km2 in the Pre-Caspian Basin in Western Kazakhstan.