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Forge Group (ASX:FGE) Accounts Payable & Accrued Expense : A$220 Mil (As of Jun. 2013)


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What is Forge Group Accounts Payable & Accrued Expense?

Forge Group's quarterly accounts payable & accrued expense increased from Jun. 2011 (A$73 Mil) to Jun. 2012 (A$259 Mil) but then declined from Jun. 2012 (A$259 Mil) to Jun. 2013 (A$220 Mil).

Forge Group's annual accounts payable & accrued expense increased from Jun. 2011 (A$73 Mil) to Jun. 2012 (A$259 Mil) but then declined from Jun. 2012 (A$259 Mil) to Jun. 2013 (A$220 Mil).


Forge Group Accounts Payable & Accrued Expense Historical Data

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

Forge Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 31.06 52.97 72.85 258.59 219.57

Forge Group Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 31.06 52.97 72.85 258.59 219.57

Forge Group 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.


Forge Group (ASX:FGE) Business Description

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Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

Forge Group (ASX:FGE) Headlines

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