Veripos (OSTO:VPOSO) Accounts Payable & Accrued Expense : kr34.2 Mil (As of Dec. 2012)

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What is Veripos Accounts Payable & Accrued Expense?

Veripos's quarterly accounts payable & accrued expense increased from . 20 (kr0.0 Mil) to Dec. 2011 (kr38.5 Mil) but then declined from Dec. 2011 (kr38.5 Mil) to Dec. 2012 (kr34.2 Mil).

Veripos's annual accounts payable & accrued expense increased from . 20 (kr0.0 Mil) to Dec. 2011 (kr38.5 Mil) but then declined from Dec. 2011 (kr38.5 Mil) to Dec. 2012 (kr34.2 Mil).

Veripos Accounts Payable & Accrued Expense Historical Data

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

Veripos Annual Data

Trend

Dec11

Dec12

Accounts Payable & Accrued Expense

38.50

34.25

Veripos Semi-Annual Data
	Dec11	Dec12
Accounts Payable & Accrued Expense	38.50	34.25

Veripos 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.

Veripos (OSTO:VPOSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Veripos Inc (OSTO:VPOSO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.veripos.com

Veripos Inc is incorporated in the Cayman Islands. The Company is a provider of positioning services to the offshore industry. The Company supplies data broadcast Global Navigation Satellite Systems (GNSS) augmentation services for positioning applications to the offshore oil and gas industry.

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