Miba AG (LTS:0F98) Accounts Payable & Accrued Expense : €93.1 Mil (As of Jul. 2015)

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What is Miba AG Accounts Payable & Accrued Expense?

Miba AG's quarterly accounts payable & accrued expense increased from Jan. 2015 (€78.0 Mil) to Apr. 2015 (€86.4 Mil) and increased from Apr. 2015 (€86.4 Mil) to Jul. 2015 (€93.1 Mil).

Miba AG's annual accounts payable & accrued expense increased from Jan. 2013 (€63.5 Mil) to Jan. 2014 (€77.7 Mil) and increased from Jan. 2014 (€77.7 Mil) to Jan. 2015 (€78.0 Mil).

Miba AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Miba AG'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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Miba AG Accounts Payable & Accrued Expense Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Accounts Payable & Accrued Expense

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49.76

54.67

63.46

77.68

77.98

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															54.46	57.24	77.98	86.40	93.14

Miba AG 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.

Miba AG (LTS:0F98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (LTS:0F98) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (LTS:0F98) Headlines

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