Eurasian Natural Resources (LSE:ENRC) Accounts Payable & Accrued Expense : £697 Mil (As of Dec. 2013)

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What is Eurasian Natural Resources Accounts Payable & Accrued Expense?

Eurasian Natural Resources's quarterly accounts payable & accrued expense increased from Dec. 2011 (£352 Mil) to Dec. 2012 (£710 Mil) but then declined from Dec. 2012 (£710 Mil) to Dec. 2013 (£697 Mil).

Eurasian Natural Resources's annual accounts payable & accrued expense increased from Dec. 2011 (£352 Mil) to Dec. 2012 (£710 Mil) but then declined from Dec. 2012 (£710 Mil) to Dec. 2013 (£697 Mil).

Eurasian Natural Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eurasian Natural 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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Eurasian Natural Resources Accounts Payable & Accrued Expense Chart

Eurasian Natural Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

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279.67

728.82

352.46

709.99

696.62

Eurasian Natural Resources Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					279.67	728.82	352.46	709.99	696.62

Eurasian Natural 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.

Eurasian Natural Resources (LSE:ENRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eurasian Natural Resources Corporation PLC (LSE:ENRC) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.enrc.com

Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

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