NKRSF (Niko Resources) Accounts Payable: $1.20 Mil (As of Dec. 2018)

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What is Niko Resources Accounts Payable?

Niko Resources NKRSF -90.00% Accounts Payable is $1.20 Mil as of Dec. 2018.

Niko Resources's Accounts Payable for the quarter that ended in Dec. 2018 was $1.20 Mil.

Niko Resources's quarterly Accounts Payable declined from Jun. 2018 ($8.88 Mil) to Sep. 2018 ($1.36 Mil) and declined from Sep. 2018 ($1.36 Mil) to Dec. 2018 ($1.20 Mil).

Niko Resources's annual Accounts Payable declined from Mar. 2016 ($174.20 Mil) to Mar. 2017 ($15.34 Mil) and declined from Mar. 2017 ($15.34 Mil) to Mar. 2018 ($9.62 Mil).

Niko Resources Accounts Payable Related Terms

Niko Resources Accounts Payable Historical Data

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The historical data trend for Niko 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.

Niko Resources Accounts Payable Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.84 153.97 174.20 15.34 9.62

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 12.16 9.62 8.88 1.36 1.20

Niko 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 $1.20 Mil mean?
Niko Resources (NKRSF) has a Accounts Payable of $1.20 Mil as of Dec. 2018. 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 Niko Resources and its competitors.
Is Niko Resources' Accounts Payable too high?
Niko Resources' current Accounts Payable is $1.20 Mil.
How does Niko Resources' Accounts Payable compare to SNECQ and PTCO?
Niko Resources' Accounts Payable of $1.20 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 Niko Resources and its competitors. Niko Resources's current Accounts Payable is $1.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Resources stock overvalued right now?
Niko Resources (NKRSF) has a current Accounts Payable of $1.20 Mil. The current Accounts Payable is $1.20 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 Niko Resources (NKRSF), the current Accounts Payable is $1.20 Mil as of Dec. 2018. 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.

Niko Resources Business Description

Industry EnergyOil & Gas
Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6
Niko Resources Ltd is an oil and natural gas exploration and production company.