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7days Music Entertainment AG (FRA:7DM1) Accounts Payable & Accrued Expense : €0.12 Mil (As of Dec. 2012)


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What is 7days Music Entertainment AG Accounts Payable & Accrued Expense?

7days Music Entertainment AG's quarterly accounts payable & accrued expense declined from Dec. 2010 (€0.29 Mil) to Dec. 2011 (€0.18 Mil) and declined from Dec. 2011 (€0.18 Mil) to Dec. 2012 (€0.12 Mil).

7days Music Entertainment AG's annual accounts payable & accrued expense declined from Dec. 2010 (€0.29 Mil) to Dec. 2011 (€0.18 Mil) and declined from Dec. 2011 (€0.18 Mil) to Dec. 2012 (€0.12 Mil).


7days Music Entertainment AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for 7days Music Entertainment AG'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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7days Music Entertainment AG Accounts Payable & Accrued Expense Chart

7days Music Entertainment AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense
1.17 0.29 0.18 0.12

7days Music Entertainment AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense 1.17 0.29 0.18 0.12

7days Music Entertainment AG 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.


7days Music Entertainment AG (FRA:7DM1) Business Description

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7days Music Entertainment AG is engaged in music and entertainment industry, which includes marketing and sales of music CD, DVD, advertising, artiste management and mobile ring tones.

7days Music Entertainment AG (FRA:7DM1) Headlines

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