Coastal Caribbean Oils & Minerals Accounts Payable

Coastal Caribbean Oils & Minerals posts a accounts payable of $160K as of September 2014. That compares with $350K in the prior-year period — down 55.4% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Coastal Caribbean Oils & Minerals's accounts payable was $350K. The latest reading is $160K — a 55.4% year-over-year decrease (period ending September 2014). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Coastal Caribbean Oils & Minerals's financial statement story. At $160K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for COCBF's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Coastal Caribbean Oils & Minerals's other metric pages and overview cover the third.

Judging Coastal Caribbean Oils & Minerals against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in accounts payable easier to interpret. Start with $160K here, then scan peer and history charts to see if the gap is persistent.