China Gerui Advanced Materials Group (FRA:G60A) Accounts Payable & Accrued Expense : €14.32 Mil (As of Sep. 2014)

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What is China Gerui Advanced Materials Group Accounts Payable & Accrued Expense?

China Gerui Advanced Materials Group's quarterly accounts payable & accrued expense declined from Mar. 2014 (€12.91 Mil) to Jun. 2014 (€11.12 Mil) but then increased from Jun. 2014 (€11.12 Mil) to Sep. 2014 (€14.32 Mil).

China Gerui Advanced Materials Group's annual accounts payable & accrued expense declined from Dec. 2011 (€22.90 Mil) to Dec. 2012 (€9.89 Mil) but then increased from Dec. 2012 (€9.89 Mil) to Dec. 2013 (€12.46 Mil).

China Gerui Advanced Materials Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Gerui Advanced Materials Group'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 Gerui Advanced Materials Group Accounts Payable & Accrued Expense Chart

China Gerui Advanced Materials Group Annual Data

Trend

Dec06

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Accounts Payable & Accrued Expense

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9.72

16.02

22.90

9.89

12.46

China Gerui Advanced Materials Group Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	12.46	12.91	11.12	14.32

China Gerui Advanced Materials Group 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 Gerui Advanced Materials Group (FRA:G60A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Gerui Advanced Materials Group Ltd (FRA:G60A) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191

Website

http://www.geruigroup.com

China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

China Gerui Advanced Materials Group (FRA:G60A) Headlines

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