VCYE (Velocity Energy) Other Current Payables: $0.48 Mil (As of Jun. 2009)


What is Velocity Energy Other Current Payables?

Velocity Energy VCYE Other Current Payables is $0.48 Mil as of Jun. 2009.

Velocity Energy's Other Current Payables for the quarter that ended in Jun. 2009 was $0.48 Mil.

Velocity Energy's quarterly Other Current Payables declined from Dec. 2008 ($0.61 Mil) to Mar. 2009 ($0.59 Mil) and declined from Mar. 2009 ($0.59 Mil) to Jun. 2009 ($0.48 Mil).

Velocity Energy's annual Other Current Payables stayed the same from Dec. 2006 ($0.00 Mil) to Dec. 2007 ($0.00 Mil) but then increased from Dec. 2007 ($0.00 Mil) to Dec. 2008 ($0.61 Mil).

Velocity Energy Other Current Payables Related Terms

Velocity Energy Other Current Payables Historical Data

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The historical data trend for Velocity Energy's Other Current Payables 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 Other Current Payables Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Other Current Payables
0.00 0.00 0.00 0.61

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Other Current Payables 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 0.00 0.00 0.61 0.59 0.48

Velocity Energy Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of $0.48 Mil mean?
Velocity Energy (VCYE) has a Other Current Payables of $0.48 Mil as of Jun. 2009. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's Other Current Payables too high?
Velocity Energy's current Other Current Payables is $0.48 Mil.
How does Velocity Energy's Other Current Payables compare to TGC and EVEPQ?
Velocity Energy's Other Current Payables of $0.48 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 Other Current Payables for an Oil & Gas company?
A good Other Current Payables depends on the Oil & Gas industry context. However, Other Current Payables 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 Other Current Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Velocity Energy and its competitors. Velocity Energy's current Other Current Payables is $0.48 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 Other Current Payables of $0.48 Mil. The current Other Current Payables is $0.48 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Other Current Payables is $0.48 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.