Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Accounts Payable & Accrued Expense : ₺2.11 Mil (As of Sep. 2011)

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What is Ericom Telekomunikasyon ve Enerji Teknolojileri AS Accounts Payable & Accrued Expense?

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's quarterly accounts payable & accrued expense increased from Mar. 2011 (₺1.78 Mil) to Jun. 2011 (₺1.88 Mil) and increased from Jun. 2011 (₺1.88 Mil) to Sep. 2011 (₺2.11 Mil).

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's annual accounts payable & accrued expense declined from Dec. 2008 (₺1.33 Mil) to Dec. 2009 (₺1.14 Mil) but then increased from Dec. 2009 (₺1.14 Mil) to Dec. 2010 (₺4.16 Mil).

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ericom Telekomunikasyon ve Enerji Teknolojileri AS'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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Ericom Telekomunikasyon ve Enerji Teknolojileri AS Accounts Payable & Accrued Expense Chart

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Annual Data

Trend

Dec08

Dec09

Dec10

Accounts Payable & Accrued Expense

1.33

1.14

4.16

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Quarterly Data
	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				-	4.16	1.78	1.88	2.11

Ericom Telekomunikasyon ve Enerji Teknolojileri AS 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.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Cd. USO Center, Merkezi No:245 Kat:17, Istanbul, TUR

Website

http://www.ericom.com.tr

Ericom Telekomunikasyon ve Enerji Teknolojileri A.S. is engaged in the supply of energy storage systems. The Company markets lead acid, lithium-ferrite, and vanadium redox type flow battery systems to cellular communications services providers.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Headlines

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