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Lombard Medical Technologies (LSE:LMT) Accounts Payable & Accrued Expense : £1.04 Mil (As of Dec. 2012)


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What is Lombard Medical Technologies Accounts Payable & Accrued Expense?

Lombard Medical Technologies's quarterly accounts payable & accrued expense increased from Dec. 2010 (£1.54 Mil) to Dec. 2011 (£1.77 Mil) but then declined from Dec. 2011 (£1.77 Mil) to Dec. 2012 (£1.04 Mil).

Lombard Medical Technologies's annual accounts payable & accrued expense increased from Dec. 2010 (£1.54 Mil) to Dec. 2011 (£1.77 Mil) but then declined from Dec. 2011 (£1.77 Mil) to Dec. 2012 (£1.04 Mil).


Lombard Medical Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lombard Medical Technologies'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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Lombard Medical Technologies Accounts Payable & Accrued Expense Chart

Lombard Medical Technologies Annual Data
Trend Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.07 1.54 1.77 1.04

Lombard Medical Technologies Semi-Annual Data
Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.07 1.54 1.77 1.04

Lombard Medical Technologies 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.


Lombard Medical Technologies (LSE:LMT) Business Description

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Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.