Endocoal (ASX:EOC) Accounts Payable & Accrued Expense : A$0.76 Mil (As of Dec. 2012)

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What is Endocoal Accounts Payable & Accrued Expense?

Endocoal's quarterly accounts payable & accrued expense declined from Dec. 2011 (A$4.35 Mil) to Jun. 2012 (A$2.62 Mil) and declined from Jun. 2012 (A$2.62 Mil) to Dec. 2012 (A$0.76 Mil).

Endocoal's annual accounts payable & accrued expense increased from Jun. 2010 (A$0.70 Mil) to Jun. 2011 (A$2.90 Mil) but then declined from Jun. 2011 (A$2.90 Mil) to Jun. 2012 (A$2.62 Mil).

Endocoal Accounts Payable & Accrued Expense Historical Data

The historical data trend for Endocoal'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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Endocoal Accounts Payable & Accrued Expense Chart

Endocoal Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Accounts Payable & Accrued Expense

0.21

0.70

2.90

2.62

Endocoal Quarterly Data
	Dec10	Jun11	Dec11	Jun12	Dec12
Accounts Payable & Accrued Expense	0.46	2.90	4.35	2.62	0.76

Endocoal 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.

Endocoal (ASX:EOC) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Endocoal Ltd. (ASX:EOC) » Definitions » Accounts Payable & Accrued Expense

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