Turners Group NZ (NZSE:TUA) Accounts Payable & Accrued Expense : NZ$26.41 Mil (As of Jun. 2014)

View and export this data going back to . Start your Free Trial

What is Turners Group NZ Accounts Payable & Accrued Expense?

Turners Group NZ's quarterly accounts payable & accrued expense declined from Jun. 2013 (NZ$22.99 Mil) to Dec. 2013 (NZ$22.49 Mil) but then increased from Dec. 2013 (NZ$22.49 Mil) to Jun. 2014 (NZ$26.41 Mil).

Turners Group NZ's annual accounts payable & accrued expense declined from Dec. 2011 (NZ$9.90 Mil) to Dec. 2012 (NZ$9.57 Mil) but then increased from Dec. 2012 (NZ$9.57 Mil) to Dec. 2013 (NZ$22.49 Mil).

Turners Group NZ Accounts Payable & Accrued Expense Historical Data

The historical data trend for Turners Group NZ'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.

* Premium members only.

Turners Group NZ Accounts Payable & Accrued Expense Chart

Turners Group NZ Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

7.88

8.36

9.90

9.57

22.49

Turners Group NZ Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.90	9.57	22.99	22.49	26.41

Turners Group NZ 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.

Turners Group NZ (NZSE:TUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Turners Group NZ Ltd (NZSE:TUA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.turners.co.nz

Turners Auctions Limited (TUA-NZ) is New Zealand's largest auction house with 16 branches nation wide and annual turnover exceeding NZ$400m. TUA is also the largest single seller of motor vehicles in New Zealand. The business operates in two broad markets: used vehicles and commercial goods. Vehicle sales include trucks, damaged insurance salvaged vehicles, light commercial vehicles and passenger cars. Commercial sales include a wide variety of surplus equipment such as heavy plant and machinery, police and custom seized goods, liquidator sales, catering equipment, computers and furniture.