Riviera Tool Co (Riviera Tool Co) Accounts Payable & Accrued Expense : $4.50 Mil (As of Nov. 2006)

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What is Riviera Tool Co Accounts Payable & Accrued Expense?

Riviera Tool Co's quarterly accounts payable & accrued expense declined from May. 2006 ($5.28 Mil) to Aug. 2006 ($5.28 Mil) and declined from Aug. 2006 ($5.28 Mil) to Nov. 2006 ($4.50 Mil).

Riviera Tool Co's annual accounts payable & accrued expense declined from Aug. 2004 ($5.43 Mil) to Aug. 2005 ($4.18 Mil) but then increased from Aug. 2005 ($4.18 Mil) to Aug. 2006 ($5.28 Mil).

Riviera Tool Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Riviera Tool Co'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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Riviera Tool Co Accounts Payable & Accrued Expense Chart

Riviera Tool Co Annual Data

Trend

Aug97

Aug98

Aug99

Aug00

Aug01

Aug02

Aug03

Aug04

Aug05

Aug06

Accounts Payable & Accrued Expense

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2.14

11.36

5.43

4.18

5.28

Riviera Tool Co Quarterly Data
	Feb02	May02	Aug02	Nov02	Feb03	May03	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.60	4.83	5.28	5.28	4.50

Riviera Tool Co 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.

Riviera Tool Co (Riviera Tool Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Riviera Tool Co (OTCPK:RIVT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512

Website

http://www.rivieratool.com

Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

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