Indophil Resources NL (ASX:IRN) Accounts Payable & Accrued Expense : A$0.32 Mil (As of Jun. 2014)

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What is Indophil Resources NL Accounts Payable & Accrued Expense?

Indophil Resources NL's quarterly accounts payable & accrued expense declined from Jun. 2013 (A$1.18 Mil) to Dec. 2013 (A$1.18 Mil) and declined from Dec. 2013 (A$1.18 Mil) to Jun. 2014 (A$0.32 Mil).

Indophil Resources NL's annual accounts payable & accrued expense increased from Dec. 2011 (A$0.62 Mil) to Dec. 2012 (A$1.08 Mil) and increased from Dec. 2012 (A$1.08 Mil) to Dec. 2013 (A$1.18 Mil).

Indophil Resources NL Accounts Payable & Accrued Expense Historical Data

The historical data trend for Indophil Resources NL'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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Indophil Resources NL Accounts Payable & Accrued Expense Chart

Indophil Resources NL Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

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0.58

0.73

0.62

1.08

1.18

Indophil Resources NL Semi-Annual Data
	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.87	1.08	1.18	1.18	0.32

Indophil Resources NL 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.

Indophil Resources NL (ASX:IRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Indophil Resources NL (ASX:IRN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.indophil.com

Indophil Resources NL (IRN) is a minerals exploration company operating solely within the Philippines. IRN have a focus on gold and base metal projects. Their main focus is on the development of the Tampakan Copper Project.

Indophil Resources NL (ASX:IRN) Headlines

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