Smart Ventures (Smart Ventures) Accounts Payable & Accrued Expense : $0.10 Mil (As of Sep. 2011)

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What is Smart Ventures Accounts Payable & Accrued Expense?

Smart Ventures's quarterly accounts payable & accrued expense increased from Mar. 2011 ($0.10 Mil) to Jun. 2011 ($0.10 Mil) and increased from Jun. 2011 ($0.10 Mil) to Sep. 2011 ($0.10 Mil).

Smart Ventures's annual accounts payable & accrued expense increased from Dec. 2008 ($0.00 Mil) to Dec. 2009 ($0.01 Mil) and increased from Dec. 2009 ($0.01 Mil) to Dec. 2010 ($0.09 Mil).

Smart Ventures Accounts Payable & Accrued Expense Historical Data

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

Smart Ventures Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Accounts Payable & Accrued Expense

0.01

0.09

Smart Ventures Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												0.01	0.09	0.10	0.10	0.10

Smart Ventures 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.

Smart Ventures (Smart Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Smart Ventures Inc (GREY:SMVR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1907 Woerner Road, Houston, TX, USA, 77090

Website

http://www.smartventuresinc.us

Smart Ventures Inc is a diversified holding company. The company through its subsidiary is engaged in providing oil & gas drilling services, engineering (EPC), mineral mining, and also engaged in supplying of specialty chemicals.

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