Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Accounts Payable & Accrued Expense : $4.54 Mil (As of Jun. 2009)

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What is Changming Industrial Management Group Holding Accounts Payable & Accrued Expense?

Changming Industrial Management Group Holding's quarterly accounts payable & accrued expense increased from Dec. 2008 ($3.68 Mil) to Mar. 2009 ($4.50 Mil) and increased from Mar. 2009 ($4.50 Mil) to Jun. 2009 ($4.54 Mil).

Changming Industrial Management Group Holding's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to May. 2007 ($0.00 Mil) but then stayed the same from May. 2007 ($0.00 Mil) to May. 2008 ($0.00 Mil).

Changming Industrial Management Group Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changming Industrial Management Group Holding'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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Changming Industrial Management Group Holding Accounts Payable & Accrued Expense Chart

Changming Industrial Management Group Holding Annual Data

Trend

May07

May08

Accounts Payable & Accrued Expense

Changming Industrial Management Group Holding Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Sep08	Dec08	Mar09	Jun09
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						-	1.30	3.68	4.50	4.54

Changming Industrial Management Group Holding 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.

Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.sxcmky.com

Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

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