Puissant Industries (Puissant Industries) Accounts Payable & Accrued Expense : $0.04 Mil (As of Dec. 2013)

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What is Puissant Industries Accounts Payable & Accrued Expense?

Puissant Industries's quarterly accounts payable & accrued expense increased from Dec. 2011 ($0.02 Mil) to Dec. 2012 ($0.04 Mil) but then stayed the same from Dec. 2012 ($0.04 Mil) to Dec. 2013 ($0.04 Mil).

Puissant Industries's annual accounts payable & accrued expense increased from Dec. 2011 ($0.02 Mil) to Dec. 2012 ($0.04 Mil) but then stayed the same from Dec. 2012 ($0.04 Mil) to Dec. 2013 ($0.04 Mil).

Puissant Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Puissant Industries's Accounts Payable & Accrued Expense 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.

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Puissant Industries Accounts Payable & Accrued Expense Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

0.03

0.02

0.04

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
Accounts Payable & Accrued Expense	0.03	0.02	0.04	0.04

Puissant Industries Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022