Lizhan Environmental (Lizhan Environmental) Accounts Payable & Accrued Expense : $12.26 Mil (As of Mar. 2012)

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What is Lizhan Environmental Accounts Payable & Accrued Expense?

Lizhan Environmental's quarterly accounts payable & accrued expense declined from Jun. 2011 ($11.04 Mil) to Sep. 2011 ($8.81 Mil) but then increased from Sep. 2011 ($8.81 Mil) to Mar. 2012 ($12.26 Mil).

Lizhan Environmental's annual accounts payable & accrued expense increased from Sep. 2009 ($9.71 Mil) to Sep. 2010 ($10.41 Mil) but then declined from Sep. 2010 ($10.41 Mil) to Sep. 2011 ($8.81 Mil).

Lizhan Environmental Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lizhan Environmental'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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Lizhan Environmental Accounts Payable & Accrued Expense Chart

Lizhan Environmental Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Accounts Payable & Accrued Expense

6.19

9.71

10.41

8.81

Lizhan Environmental Quarterly Data
	Sep08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Mar12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							14.66	14.53	11.04	8.81	12.26

Lizhan Environmental 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.

Lizhan Environmental (Lizhan Environmental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lizhan Environmental Corp (OTCPK:LZENF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500

Website

http://gb.lzencorp.com/

Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

Lizhan Environmental (Lizhan Environmental) Headlines

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