China Specialty Glass AG (FRA:8GS) Accounts Payable & Accrued Expense : €14.5 Mil (As of Jun. 2014)

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What is China Specialty Glass AG Accounts Payable & Accrued Expense?

China Specialty Glass AG's quarterly accounts payable & accrued expense increased from Dec. 2013 (€13.2 Mil) to Mar. 2014 (€16.1 Mil) but then declined from Mar. 2014 (€16.1 Mil) to Jun. 2014 (€14.5 Mil).

China Specialty Glass AG's annual accounts payable & accrued expense increased from Dec. 2011 (€8.9 Mil) to Dec. 2012 (€10.9 Mil) and increased from Dec. 2012 (€10.9 Mil) to Dec. 2013 (€13.2 Mil).

China Specialty Glass AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Specialty Glass 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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China Specialty Glass AG Accounts Payable & Accrued Expense Chart

China Specialty Glass AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

8.75

8.89

10.91

13.17

China Specialty Glass AG Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									15.27	24.16	13.17	16.06	14.49

China Specialty Glass 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.

China Specialty Glass AG (FRA:8GS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Specialty Glass AG (FRA:8GS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

An den Romerhuegeln 1, Grunwald, DEU, 82031

Website

http://www.csg-ag.com

China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.

China Specialty Glass AG (FRA:8GS) Headlines

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