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Poseidon Concepts Corp (TSX:PSN)
Accounts Payable
C$37.11 Mil (As of Sep. 2012)

Poseidon Concepts Corp's quarterly accounts payable increased from Mar. 2012 (C$25.10 Mil) to Jun. 2012 (C$37.95 Mil) but then declined from Jun. 2012 (C$37.95 Mil) to Sep. 2012 (C$37.11 Mil).

Poseidon Concepts Corp's annual accounts payable increased from Dec. 2009 (C$9.58 Mil) to Dec. 2010 (C$10.73 Mil) and increased from Dec. 2010 (C$10.73 Mil) to Dec. 2011 (C$55.79 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Poseidon Concepts Corp Annual Data

Dec07Dec08Dec09Dec10Dec11
Accts Payable 0.000.000.000.000.009.1816.059.5810.7355.79

Poseidon Concepts Corp Quarterly Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
Accts Payable 0.000.0010.7329.1810.6930.2555.7925.1037.9537.11
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