RISE (Rise Oil & Gas) Accounts Payable: $0.64 Mil (As of Sep. 2023)


What is Rise Oil & Gas Accounts Payable?

Rise Oil & Gas RISE Accounts Payable is $0.64 Mil as of Sep. 2023.

Rise Oil & Gas's Accounts Payable for the quarter that ended in Sep. 2023 was $0.64 Mil.

Rise Oil & Gas's quarterly Accounts Payable declined from Mar. 2023 ($0.73 Mil) to Jun. 2023 ($0.59 Mil) but then increased from Jun. 2023 ($0.59 Mil) to Sep. 2023 ($0.64 Mil).

Rise Oil & Gas's annual Accounts Payable increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.10 Mil) and increased from Dec. 2021 ($0.10 Mil) to Dec. 2022 ($0.75 Mil).

Rise Oil & Gas Accounts Payable Related Terms

Rise Oil & Gas Accounts Payable Historical Data

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The historical data trend for Rise Oil & Gas'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.

Rise Oil & Gas Accounts Payable Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
Accounts Payable
0.10 0.75

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable Get a 7-Day Free Trial 0.29 0.75 0.73 0.59 0.64

Rise Oil & Gas 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 $0.64 Mil mean?
Rise Oil & Gas (RISE) has a Accounts Payable of $0.64 Mil as of Sep. 2023. 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 Rise Oil & Gas and its competitors.
Is Rise Oil & Gas' Accounts Payable too high?
Rise Oil & Gas' current Accounts Payable is $0.64 Mil.
How does Rise Oil & Gas' Accounts Payable compare to ?
Rise Oil & Gas' Accounts Payable of $0.64 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 Rise Oil & Gas and its competitors. Rise Oil & Gas's current Accounts Payable is $0.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current Accounts Payable of $0.64 Mil. The current Accounts Payable is $0.64 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 Rise Oil & Gas (RISE), the current Accounts Payable is $0.64 Mil as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.