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Fortune Asia Group (ASX:FYA) Accounts Payable & Accrued Expense : A$0.50 Mil (As of Jun. 2018)


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What is Fortune Asia Group Accounts Payable & Accrued Expense?

Fortune Asia Group's quarterly accounts payable & accrued expense increased from Jun. 2017 (A$0.49 Mil) to Dec. 2017 (A$0.51 Mil) but then declined from Dec. 2017 (A$0.51 Mil) to Jun. 2018 (A$0.50 Mil).

Fortune Asia Group's annual accounts payable & accrued expense declined from Dec. 2016 (A$0.51 Mil) to Dec. 2017 (A$0.51 Mil) but then increased from Dec. 2017 (A$0.51 Mil) to Dec. 2018 (A$0.52 Mil).


Fortune Asia Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fortune Asia 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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Fortune Asia Group Accounts Payable & Accrued Expense Chart

Fortune Asia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable & Accrued Expense
0.28 0.45 0.51 0.51 0.52

Fortune Asia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.51 0.49 0.51 0.50 0.52

Fortune Asia 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.


Fortune Asia Group (ASX:FYA) Business Description

Traded in Other Exchanges
N/A
Address
377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000
Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

Fortune Asia Group (ASX:FYA) Headlines

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