KGI Securities Co., (LSE:KGIS) Accounts Payable & Accrued Expense : $158.1 Mil (As of Sep. 2012)

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What is KGI Securities Co., Accounts Payable & Accrued Expense?

KGI Securities Co.,'s quarterly accounts payable & accrued expense declined from Mar. 2012 ($247.6 Mil) to Jun. 2012 ($225.9 Mil) and declined from Jun. 2012 ($225.9 Mil) to Sep. 2012 ($158.1 Mil).

KGI Securities Co.,'s annual accounts payable & accrued expense increased from . 20 ($0.0 Mil) to Dec. 2010 ($575.9 Mil) but then declined from Dec. 2010 ($575.9 Mil) to Dec. 2011 ($224.2 Mil).

KGI Securities Co., Accounts Payable & Accrued Expense Historical Data

The historical data trend for KGI Securities Co.,'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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KGI Securities Co., Accounts Payable & Accrued Expense Chart

KGI Securities Co., Annual Data

Trend

Dec10

Dec11

Accounts Payable & Accrued Expense

575.89

224.16

KGI Securities Co., Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			308.07	224.16	247.61	225.87	158.12

KGI Securities Co., 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.

KGI Securities Co., (LSE:KGIS) Business Description

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