IFS Construction Services (ASX:IFS) Accounts Payable & Accrued Expense : A$6.59 Mil (As of Dec. 2011)

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What is IFS Construction Services Accounts Payable & Accrued Expense?

IFS Construction Services's quarterly accounts payable & accrued expense increased from Dec. 2009 (A$2.97 Mil) to Dec. 2010 (A$4.11 Mil) and increased from Dec. 2010 (A$4.11 Mil) to Dec. 2011 (A$6.59 Mil).

IFS Construction Services's annual accounts payable & accrued expense increased from Dec. 2009 (A$2.97 Mil) to Dec. 2010 (A$4.11 Mil) and increased from Dec. 2010 (A$4.11 Mil) to Dec. 2011 (A$6.59 Mil).

IFS Construction Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for IFS Construction Services'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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IFS Construction Services Accounts Payable & Accrued Expense Chart

IFS Construction Services Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Accounts Payable & Accrued Expense

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1.21

0.10

2.97

4.11

6.59

IFS Construction Services Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.21	0.10	2.97	4.11	6.59

IFS Construction Services 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.

IFS Construction Services (ASX:IFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » IFS Construction Services Ltd (ASX:IFS) » Definitions » Accounts Payable & Accrued Expense

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IFS Construction Services Ltd provides formwork, scaffolding, screening, engineering and design services. The Company's operations are based in Australia, South East Asia and the Middle East.