Trafford Resources (ASX:TRF) Accounts Payable & Accrued Expense : A$0.41 Mil (As of Dec. 2014)

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What is Trafford Resources Accounts Payable & Accrued Expense?

Trafford Resources's quarterly accounts payable & accrued expense declined from Dec. 2013 (A$0.65 Mil) to Jun. 2014 (A$0.49 Mil) and declined from Jun. 2014 (A$0.49 Mil) to Dec. 2014 (A$0.41 Mil).

Trafford Resources's annual accounts payable & accrued expense increased from Jun. 2012 (A$0.50 Mil) to Jun. 2013 (A$0.76 Mil) but then declined from Jun. 2013 (A$0.76 Mil) to Jun. 2014 (A$0.49 Mil).

Trafford Resources Accounts Payable & Accrued Expense Historical Data

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

Trafford Resources Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Accounts Payable & Accrued Expense

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1.87

0.19

0.50

0.76

0.49

Trafford Resources Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.34	0.76	0.65	0.49	0.41

Trafford Resources 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.

Trafford Resources (ASX:TRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trafford Resources Ltd (ASX:TRF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.traffordresources.com

Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

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