American Metal & Technology (American Metal & Technology) Accounts Payable & Accrued Expense : $2.23 Mil (As of Sep. 2010)

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What is American Metal & Technology Accounts Payable & Accrued Expense?

American Metal & Technology's quarterly accounts payable & accrued expense increased from Mar. 2010 ($1.56 Mil) to Jun. 2010 ($1.67 Mil) and increased from Jun. 2010 ($1.67 Mil) to Sep. 2010 ($2.23 Mil).

American Metal & Technology's annual accounts payable & accrued expense increased from Dec. 2007 ($0.80 Mil) to Dec. 2008 ($2.81 Mil) but then declined from Dec. 2008 ($2.81 Mil) to Dec. 2009 ($1.62 Mil).

American Metal & Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for American Metal & Technology'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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American Metal & Technology Accounts Payable & Accrued Expense Chart

American Metal & Technology Annual Data

Trend

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Accounts Payable & Accrued Expense

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0.01

0.03

0.80

2.81

1.62

American Metal & Technology Quarterly Data
	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.62	1.62	1.56	1.67	2.23

American Metal & Technology 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.

American Metal & Technology (American Metal & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » American Metal & Technology Inc (OTCPK:AMGY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041

Website

http://www.amtg-usa.com

American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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