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European Convergence Development Co (LSE:ECDC) Accounts Payable & Accrued Expense : €0.04 Mil (As of Jun. 2014)


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What is European Convergence Development Co Accounts Payable & Accrued Expense?

European Convergence Development Co's quarterly accounts payable & accrued expense declined from Jun. 2013 (€0.07 Mil) to Dec. 2013 (€0.05 Mil) and declined from Dec. 2013 (€0.05 Mil) to Jun. 2014 (€0.04 Mil).

European Convergence Development Co's annual accounts payable & accrued expense increased from Dec. 2011 (€0.06 Mil) to Dec. 2012 (€0.08 Mil) but then declined from Dec. 2012 (€0.08 Mil) to Dec. 2013 (€0.05 Mil).


European Convergence Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for European Convergence Development Co'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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European Convergence Development Co Accounts Payable & Accrued Expense Chart

European Convergence Development Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.17 0.02 0.06 0.08 0.05

European Convergence Development Co Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Dec13 Jun14
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.06 0.08 0.07 0.05 0.04

European Convergence Development Co 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.


European Convergence Development Co (LSE:ECDC) Business Description

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European Convergence Development Company PLC was incorporated in the Isle of Man on 26 July 2006. The Company through its subsidiaries, invests in early stage development projects such as residential, retail, commercial and industrial properties. The Company invests in Romania, Turkey, Croatia, Bulgaria and Slovakia.

European Convergence Development Co (LSE:ECDC) Headlines

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