Metal Storm Limited (ASX:MST) Accounts Payable & Accrued Expense : A$1.07 Mil (As of Dec. 2011)

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What is Metal Storm Limited Accounts Payable & Accrued Expense?

Metal Storm Limited's quarterly accounts payable & accrued expense declined from Dec. 2009 (A$1.42 Mil) to Dec. 2010 (A$1.19 Mil) and declined from Dec. 2010 (A$1.19 Mil) to Dec. 2011 (A$1.07 Mil).

Metal Storm Limited's annual accounts payable & accrued expense declined from Dec. 2009 (A$1.42 Mil) to Dec. 2010 (A$1.19 Mil) and declined from Dec. 2010 (A$1.19 Mil) to Dec. 2011 (A$1.07 Mil).

Metal Storm Limited Accounts Payable & Accrued Expense Historical Data

The historical data trend for Metal Storm Limited'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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Metal Storm Limited Accounts Payable & Accrued Expense Chart

Metal Storm Limited Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Accounts Payable & Accrued Expense

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2.61

1.13

1.42

1.19

1.07

Metal Storm Limited Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							2.61	1.13	1.42	1.19	1.07

Metal Storm Limited 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.

Metal Storm Limited (ASX:MST) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.