National Tax Credit Partners LP (National Tax Credit Partners LP) Accounts Payable & Accrued Expense : $1.27 Mil (As of Dec. 2012)

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What is National Tax Credit Partners LP Accounts Payable & Accrued Expense?

National Tax Credit Partners LP's quarterly accounts payable & accrued expense declined from Dec. 2010 ($1.30 Mil) to Dec. 2011 ($1.18 Mil) but then increased from Dec. 2011 ($1.18 Mil) to Dec. 2012 ($1.27 Mil).

National Tax Credit Partners LP's annual accounts payable & accrued expense declined from Dec. 2010 ($1.30 Mil) to Dec. 2011 ($1.18 Mil) but then increased from Dec. 2011 ($1.18 Mil) to Dec. 2012 ($1.27 Mil).

National Tax Credit Partners LP Accounts Payable & Accrued Expense Historical Data

The historical data trend for National Tax Credit Partners LP'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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National Tax Credit Partners LP Accounts Payable & Accrued Expense Chart

National Tax Credit Partners LP Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Payable & Accrued Expense

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0.85

1.16

1.30

1.18

1.27

National Tax Credit Partners LP Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.85	1.16	1.30	1.18	1.27

National Tax Credit Partners LP 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.

National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

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National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

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