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Intek (LSE:0MF5) Accounts Payable & Accrued Expense : €2.34 Mil (As of Sep. 2012)


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What is Intek Accounts Payable & Accrued Expense?

Intek's quarterly accounts payable & accrued expense declined from Mar. 2012 (€1.89 Mil) to Jun. 2012 (€0.34 Mil) but then increased from Jun. 2012 (€0.34 Mil) to Sep. 2012 (€2.34 Mil).

Intek's annual accounts payable & accrued expense declined from Dec. 2009 (€238.06 Mil) to Dec. 2010 (€0.20 Mil) but then increased from Dec. 2010 (€0.20 Mil) to Dec. 2011 (€0.25 Mil).

Intek Accounts Payable & Accrued Expense Historical Data

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

Intek Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 172.13 309.20 238.06 0.20 0.25

Intek Quarterly Data
Jun09 Jun10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 1.36 0.25 1.89 0.34 2.34

Intek 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.

Intek (LSE:0MF5) Business Description

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