MDM Engineering Group (LSE:MDM) Accounts Payable & Accrued Expense : £6.09 Mil (As of Mar. 2014)

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What is MDM Engineering Group Accounts Payable & Accrued Expense?

MDM Engineering Group's quarterly accounts payable & accrued expense declined from Mar. 2013 (£15.77 Mil) to Sep. 2013 (£11.09 Mil) and declined from Sep. 2013 (£11.09 Mil) to Mar. 2014 (£6.09 Mil).

MDM Engineering Group's annual accounts payable & accrued expense declined from Mar. 2012 (£18.01 Mil) to Mar. 2013 (£15.77 Mil) and declined from Mar. 2013 (£15.77 Mil) to Mar. 2014 (£6.09 Mil).

MDM Engineering Group Accounts Payable & Accrued Expense Historical Data

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

MDM Engineering Group Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Accounts Payable & Accrued Expense

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1.16

2.71

18.01

15.77

6.09

MDM Engineering Group Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14
Accounts Payable & Accrued Expense	18.01	17.89	15.77	11.09	6.09

MDM Engineering 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.

MDM Engineering Group (LSE:MDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MDM Engineering Group Ltd (LSE:MDM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.mdm-engineering.com

MDM Engineering Group Ltd is engaged in the mineral process engineering and project management. The company has operations in the South Africa.

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