Sinovus Mining (ASX:SNV) Accounts Payable & Accrued Expense : A$0.74 Mil (As of Dec. 2015)

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What is Sinovus Mining Accounts Payable & Accrued Expense?

Sinovus Mining's quarterly accounts payable & accrued expense declined from Dec. 2014 (A$0.30 Mil) to Jun. 2015 (A$0.24 Mil) but then increased from Jun. 2015 (A$0.24 Mil) to Dec. 2015 (A$0.74 Mil).

Sinovus Mining's annual accounts payable & accrued expense increased from Jun. 2014 (A$0.05 Mil) to Jun. 2015 (A$0.24 Mil) and increased from Jun. 2015 (A$0.24 Mil) to Jun. 2016 (A$0.40 Mil).

Sinovus Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sinovus Mining'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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Sinovus Mining Accounts Payable & Accrued Expense Chart

Sinovus Mining Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Accounts Payable & Accrued Expense

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0.08

0.06

0.05

0.24

0.40

Sinovus Mining Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													0.05	0.30	0.24	0.74	0.40

Sinovus Mining 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.

Sinovus Mining (ASX:SNV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sinovus Mining Ltd (ASX:SNV) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

32 Martin Place, Level 10, Sydney, NSW, AUS, 2000

Website

http://www.sinovus.com.au

Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.