Lochard Energy Group (LSE:LHD) Accounts Payable & Accrued Expense : £2.30 Mil (As of Dec. 2012)

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What is Lochard Energy Group Accounts Payable & Accrued Expense?

Lochard Energy Group's quarterly accounts payable & accrued expense declined from Dec. 2011 (£11.52 Mil) to Jun. 2012 (£9.64 Mil) and declined from Jun. 2012 (£9.64 Mil) to Dec. 2012 (£2.30 Mil).

Lochard Energy Group's annual accounts payable & accrued expense increased from Jun. 2010 (£2.17 Mil) to Jun. 2011 (£3.86 Mil) and increased from Jun. 2011 (£3.86 Mil) to Jun. 2012 (£9.64 Mil).

Lochard Energy Group Accounts Payable & Accrued Expense Historical Data

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

Lochard Energy Group Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Accounts Payable & Accrued Expense

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2.66

3.32

2.17

3.86

9.64

Lochard Energy Group Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Jun06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												9.32	3.86	11.52	9.64	2.30

Lochard Energy 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.

Lochard Energy Group (LSE:LHD) Business Description

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