China Runji Cement (China Runji Cement) Accounts Payable & Accrued Expense : $31.15 Mil (As of Feb. 2011)

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What is China Runji Cement Accounts Payable & Accrued Expense?

China Runji Cement's quarterly accounts payable & accrued expense increased from Aug. 2010 ($35.40 Mil) to Nov. 2010 ($41.96 Mil) but then declined from Nov. 2010 ($41.96 Mil) to Feb. 2011 ($31.15 Mil).

China Runji Cement's annual accounts payable & accrued expense increased from Aug. 2008 ($14.63 Mil) to Aug. 2009 ($38.26 Mil) but then declined from Aug. 2009 ($38.26 Mil) to Aug. 2010 ($35.40 Mil).

China Runji Cement Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Runji Cement'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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China Runji Cement Accounts Payable & Accrued Expense Chart

China Runji Cement Annual Data

Trend

Jan06

Jan07

Aug08

Aug09

Aug10

Accounts Payable & Accrued Expense

0.01

14.63

38.26

35.40

China Runji Cement Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															40.10	41.00	35.40	41.96	31.15

China Runji Cement 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.

China Runji Cement (China Runji Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xianzong town, Hanshan county, Chaohu, Anhui, CHN

Website

China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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