China Sun Group High-Tech Co (China Sun Group High-Tech Co) Accounts Payable & Accrued Expense : $2.74 Mil (As of Feb. 2012)

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What is China Sun Group High-Tech Co Accounts Payable & Accrued Expense?

China Sun Group High-Tech Co's quarterly accounts payable & accrued expense increased from Aug. 2011 ($1.86 Mil) to Nov. 2011 ($2.47 Mil) and increased from Nov. 2011 ($2.47 Mil) to Feb. 2012 ($2.74 Mil).

China Sun Group High-Tech Co's annual accounts payable & accrued expense increased from May. 2009 ($3.35 Mil) to May. 2010 ($4.60 Mil) but then declined from May. 2010 ($4.60 Mil) to May. 2011 ($1.70 Mil).

China Sun Group High-Tech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Sun Group High-Tech Co'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 Sun Group High-Tech Co Accounts Payable & Accrued Expense Chart

China Sun Group High-Tech Co Annual Data

Trend

May06

May07

May08

May09

May10

May11

Accounts Payable & Accrued Expense

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0.60

0.73

3.35

4.60

1.70

China Sun Group High-Tech Co Quarterly Data
	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.77	1.70	1.86	2.47	2.74

China Sun Group High-Tech Co 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 Sun Group High-Tech Co (China Sun Group High-Tech Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Sun Group High-Tech Co (OTCPK:CSGH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

1 Hutan Street, Zhongshan District, Dalian, Liaoning, CHN, 116015

Website

http://www.china-sun.cn

China Sun Group High-Tech Co through its operating subsidiaries, mainly engages in the production and sales of cobaltosic oxide and lithium cobalt oxide, both anode materials used in lithium ion rechargeable batteries in the PRC.

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