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Tinci Holdings (LSE:TNCI) Accounts Payable & Accrued Expense : £10.36 Mil (As of Jun. 2014)


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What is Tinci Holdings Accounts Payable & Accrued Expense?

Tinci Holdings's quarterly accounts payable & accrued expense declined from Jun. 2013 (£9.42 Mil) to Dec. 2013 (£5.74 Mil) but then increased from Dec. 2013 (£5.74 Mil) to Jun. 2014 (£10.36 Mil).

Tinci Holdings's annual accounts payable & accrued expense declined from Dec. 2011 (£4.93 Mil) to Dec. 2012 (£3.93 Mil) but then increased from Dec. 2012 (£3.93 Mil) to Dec. 2013 (£5.74 Mil).


Tinci Holdings Accounts Payable & Accrued Expense Historical Data

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

Tinci Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 15.58 5.33 4.93 3.93 5.74

Tinci Holdings Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Dec13 Jun14
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 4.93 3.93 9.42 5.74 10.36

Tinci Holdings 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.


Tinci Holdings (LSE:TNCI) Business Description

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Tinci Holdings Ltd is engaged in the design, sale and installation of environmental engineering systems to power industry customers and other heavy power users in China. Its core business is the design and management of Flue Gas Desulphurization engineering projects which involve processes to reduce or minimize sulphur dioxide content in industrial and utility coal-fired boiler flue gases.

Tinci Holdings (LSE:TNCI) Headlines

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