Ultrapay Limited (ASX:ULT) Accounts Payable & Accrued Expense : A$1.80 Mil (As of Dec. 2006)

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What is Ultrapay Limited Accounts Payable & Accrued Expense?

Ultrapay Limited's quarterly accounts payable & accrued expense increased from Dec. 2005 (A$2.16 Mil) to Jun. 2006 (A$3.03 Mil) but then declined from Jun. 2006 (A$3.03 Mil) to Dec. 2006 (A$1.80 Mil).

Ultrapay Limited's annual accounts payable & accrued expense increased from Jun. 2004 (A$1.55 Mil) to Jun. 2005 (A$2.51 Mil) and increased from Jun. 2005 (A$2.51 Mil) to Jun. 2006 (A$3.03 Mil).

Ultrapay Limited Accounts Payable & Accrued Expense Historical Data

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

Ultrapay Limited Annual Data

Trend

Jun97

Jun98

Jun99

Jun00

Jun01

Jun02

Jun03

Jun04

Jun05

Jun06

Accounts Payable & Accrued Expense

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1.68

0.76

1.55

2.51

3.03

Ultrapay Limited Semi-Annual Data
	Dec96	Jun97	Dec98	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														1.99	2.51	2.16	3.03	1.80

Ultrapay Limited 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.

Ultrapay Limited (ASX:ULT) Business Description

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