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DCG IRIS (LSE:IRIS) Accounts Payable & Accrued Expense : £0.06 Mil (As of May. 2014)


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What is DCG IRIS Accounts Payable & Accrued Expense?

DCG IRIS's quarterly accounts payable & accrued expense increased from . 20 (£0.00 Mil) to Nov. 2013 (£0.05 Mil) and increased from Nov. 2013 (£0.05 Mil) to May. 2014 (£0.06 Mil).

DCG IRIS's annual accounts payable & accrued expense increased from . 20 (£0.00 Mil) to May. 2013 (£0.06 Mil) and increased from May. 2013 (£0.06 Mil) to May. 2014 (£0.06 Mil).


DCG IRIS Accounts Payable & Accrued Expense Historical Data

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

DCG IRIS Annual Data
Trend May13 May14
Accounts Payable & Accrued Expense
0.06 0.06

DCG IRIS Semi-Annual Data
Nov13 May14
Accounts Payable & Accrued Expense 0.05 0.06

DCG IRIS 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.


DCG IRIS (LSE:IRIS) Business Description

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DCG IRIS Ltd is a Guernsey registered non-cellular company with an indefinite life. It is a feeder fund and principally invests its assets in CS IRIS Low Volatility Plus Fund Ltd. Its objective is to providing its shareholders, through its investment in the Master Fund, with positive returns through investing in insurance-linked contracts and assets carrying exposure related to insured event risks known as insurance linked strategies.

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