ZCL Composites (TSX:ZCL) Accounts Payable & Accrued Expense : C$21.5 Mil (As of Dec. 2018)

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What is ZCL Composites Accounts Payable & Accrued Expense?

ZCL Composites's quarterly accounts payable & accrued expense declined from Jun. 2018 (C$24.5 Mil) to Sep. 2018 (C$22.7 Mil) and declined from Sep. 2018 (C$22.7 Mil) to Dec. 2018 (C$21.5 Mil).

ZCL Composites's annual accounts payable & accrued expense increased from Dec. 2016 (C$18.9 Mil) to Dec. 2017 (C$22.2 Mil) but then declined from Dec. 2017 (C$22.2 Mil) to Dec. 2018 (C$21.5 Mil).

ZCL Composites Accounts Payable & Accrued Expense Historical Data

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

ZCL Composites Annual Data

Trend

Dec09

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Dec13

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Dec15

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Dec18

Accounts Payable & Accrued Expense

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20.53

21.23

18.86

22.23

21.54

ZCL Composites Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.23	22.42	24.51	22.71	21.54

ZCL Composites 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.

ZCL Composites (TSX:ZCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ZCL Composites Inc (TSX:ZCL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1420 Parsons Road SouthWest, Edmonton, AB, CAN, T6X 1M5

Website

http://www.zcl.com

ZCL Composites Inc is a Canadian company which is principally involved in the manufacturing and distribution of liquid storage systems, including fiberglass storage tanks and related products and accessories. The company also produces and sells in-situ fiberglass tank and tank lining systems and three-dimensional glass fabric material. The operating segments of the company include Aboveground Fluid Containment (Aboveground) and Underground Fluid Containment (Underground). The company earns the majority of its revenue from the United States.

ZCL Composites (TSX:ZCL) Headlines

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