SLKEF (Silk Energy) Accounts Payable: $0.98 Mil (As of Sep. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Silk Energy Accounts Payable?

Silk Energy SLKEF -99.00% Accounts Payable is $0.98 Mil as of Sep. 2021.

Silk Energy's Accounts Payable for the quarter that ended in Sep. 2021 was $0.98 Mil.

Silk Energy's quarterly Accounts Payable increased from Mar. 2021 ($0.75 Mil) to Jun. 2021 ($0.89 Mil) and increased from Jun. 2021 ($0.89 Mil) to Sep. 2021 ($0.98 Mil).

Silk Energy's annual Accounts Payable declined from Sep. 2018 ($1.30 Mil) to Dec. 2019 ($0.38 Mil) but then increased from Dec. 2019 ($0.38 Mil) to Dec. 2020 ($0.68 Mil).

Silk Energy Accounts Payable Historical Data

* Premium members only.

The historical data trend for Silk 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.

Silk Energy Accounts Payable Chart

Silk Energy Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 1.00 1.30 0.38 0.68

Silk Energy Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.59 0.68 0.75 0.89 0.98

Silk 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 $0.98 Mil mean?
Silk Energy (SLKEF) has a Accounts Payable of $0.98 Mil as of Sep. 2021. 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 Silk Energy and its competitors.
Is Silk Energy's Accounts Payable too high?
Silk Energy's current Accounts Payable is $0.98 Mil.
How does Silk Energy's Accounts Payable compare to COP and EOG?
Silk Energy's Accounts Payable of $0.98 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 Silk Energy and its competitors. Silk Energy's current Accounts Payable is $0.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silk Energy stock overvalued right now?
Silk Energy (SLKEF) has a current Accounts Payable of $0.98 Mil. The current Accounts Payable is $0.98 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 Silk Energy (SLKEF), the current Accounts Payable is $0.98 Mil as of Sep. 2021. 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.

Silk Energy Business Description

Industry EnergyOil & Gas
Address 66 Wellington Street West, Suite 4100, P.O. Box 35, TD Bank Tower, Toronto, ON, CAN, M5K 1B7
Silk Energy Ltd is a canada based company engaged in the acquisition, exploration and development of mineral properties.