VCYE (Velocity Energy) Accounts Payable: $0.84 Mil (As of Jun. 2009)


What is Velocity Energy Accounts Payable?

Velocity Energy VCYE Accounts Payable is $0.84 Mil as of Jun. 2009.

Velocity Energy's Accounts Payable for the quarter that ended in Jun. 2009 was $0.84 Mil.

Velocity Energy's quarterly Accounts Payable declined from Dec. 2008 ($0.97 Mil) to Mar. 2009 ($0.80 Mil) but then increased from Mar. 2009 ($0.80 Mil) to Jun. 2009 ($0.84 Mil).

Velocity Energy's annual Accounts Payable increased from Dec. 2006 ($0.19 Mil) to Dec. 2007 ($2.38 Mil) but then declined from Dec. 2007 ($2.38 Mil) to Dec. 2008 ($0.97 Mil).

Velocity Energy Accounts Payable Related Terms

Velocity Energy Accounts Payable Historical Data

* Premium members only.

The historical data trend for Velocity 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.

Velocity Energy Accounts Payable Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Accounts Payable
0.16 0.19 2.38 0.97

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.09 0.19 0.97 0.80 0.84

Velocity 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 $0.84 Mil mean?
Velocity Energy (VCYE) has a Accounts Payable of $0.84 Mil as of Jun. 2009. 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 Velocity Energy and its competitors.
Is Velocity Energy's Accounts Payable too high?
Velocity Energy's current Accounts Payable is $0.84 Mil.
How does Velocity Energy's Accounts Payable compare to TGC and EVEPQ?
Velocity Energy's Accounts Payable of $0.84 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 Velocity Energy and its competitors. Velocity Energy's current Accounts Payable is $0.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current Accounts Payable of $0.84 Mil. The current Accounts Payable is $0.84 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 Velocity Energy (VCYE), the current Accounts Payable is $0.84 Mil as of Jun. 2009. 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.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.