China TMK Battery Systems (China TMK Battery Systems) Accounts Payable & Accrued Expense : $13.89 Mil (As of Sep. 2011)

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What is China TMK Battery Systems Accounts Payable & Accrued Expense?

China TMK Battery Systems's quarterly accounts payable & accrued expense increased from Mar. 2011 ($6.64 Mil) to Jun. 2011 ($11.08 Mil) and increased from Jun. 2011 ($11.08 Mil) to Sep. 2011 ($13.89 Mil).

China TMK Battery Systems's annual accounts payable & accrued expense stayed the same from Sep. 2008 ($0.01 Mil) to Sep. 2009 ($0.01 Mil) but then increased from Sep. 2009 ($0.01 Mil) to Dec. 2010 ($5.74 Mil).

China TMK Battery Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for China TMK Battery Systems'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 TMK Battery Systems Accounts Payable & Accrued Expense Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Accounts Payable & Accrued Expense

0.01

5.74

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.62	5.74	6.64	11.08	13.89

China TMK Battery Systems 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 TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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