Chagala Group (LSE:CHGG) Accounts Payable & Accrued Expense : $2.38 Mil (As of Jun. 2018)

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What is Chagala Group Accounts Payable & Accrued Expense?

Chagala Group's quarterly accounts payable & accrued expense increased from Jun. 2017 ($2.13 Mil) to Dec. 2017 ($2.74 Mil) but then declined from Dec. 2017 ($2.74 Mil) to Jun. 2018 ($2.38 Mil).

Chagala Group's annual accounts payable & accrued expense increased from Dec. 2015 ($1.28 Mil) to Dec. 2016 ($2.59 Mil) and increased from Dec. 2016 ($2.59 Mil) to Dec. 2017 ($2.74 Mil).

Chagala Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chagala 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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Chagala Group Accounts Payable & Accrued Expense Chart

Chagala Group Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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2.62

3.33

1.28

2.59

2.74

Chagala Group Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													1.34	2.59	2.13	2.74	2.38

Chagala 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.

Chagala Group (LSE:CHGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chagala Group Ltd (LSE:CHGG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Wyndham Street Central, Wyndham Place, 26th Floor, Hong Kong, HKG

Website

http://www.chagalagroup.com

Chagala Group Ltd is a service and facility provider to the oil and gas industry. Business activity of the group is functioned through Room and Rent Operations, and Food and Beverages Operations segments. The company provides residential and business accommodation, associated catering, leisure, transport, warehousing, and logistics support to companies involved in extracting oil and gas from Kazakhstan's Caspian region. Chagala derives most of the revenue from Room and Rent Operations segment and rest from the other.