Balamara Resources (FRA:CDU) Accounts Payable & Accrued Expense : €1.11 Mil (As of Dec. 2014)

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What is Balamara Resources Accounts Payable & Accrued Expense?

Balamara Resources's quarterly accounts payable & accrued expense increased from Dec. 2013 (€0.20 Mil) to Jun. 2014 (€0.69 Mil) and increased from Jun. 2014 (€0.69 Mil) to Dec. 2014 (€1.11 Mil).

Balamara Resources's annual accounts payable & accrued expense increased from Jun. 2012 (€0.33 Mil) to Jun. 2013 (€1.39 Mil) but then declined from Jun. 2013 (€1.39 Mil) to Jun. 2014 (€0.69 Mil).

Balamara Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Balamara Resources'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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Balamara Resources Accounts Payable & Accrued Expense Chart

Balamara Resources Annual Data

Trend

Jun02

Jun03

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Accounts Payable & Accrued Expense

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0.11

0.22

0.33

1.39

0.69

Balamara Resources Semi-Annual Data
	Dec02	Jun03	Dec03	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.76	1.39	0.20	0.69	1.11

Balamara Resources 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.

Balamara Resources (FRA:CDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balamara Resources Ltd (FRA:CDU) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.balamara.com.au

Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

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