Boewe Systec AG (STU:BSY) Accounts Payable & Accrued Expense : €30.9 Mil (As of Dec. 2008)

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What is Boewe Systec AG Accounts Payable & Accrued Expense?

Boewe Systec AG's quarterly accounts payable & accrued expense increased from Dec. 2006 (€15.6 Mil) to Dec. 2007 (€42.0 Mil) but then declined from Dec. 2007 (€42.0 Mil) to Dec. 2008 (€30.9 Mil).

Boewe Systec AG's annual accounts payable & accrued expense increased from Dec. 2006 (€15.6 Mil) to Dec. 2007 (€42.0 Mil) but then declined from Dec. 2007 (€42.0 Mil) to Dec. 2008 (€30.9 Mil).

Boewe Systec AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Boewe Systec AG'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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Boewe Systec AG Accounts Payable & Accrued Expense Chart

Boewe Systec AG Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Accounts Payable & Accrued Expense

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22.45

60.05

15.60

41.97

30.89

Boewe Systec AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			22.45	60.05	15.60	41.97	30.89

Boewe Systec AG 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.

Boewe Systec AG (STU:BSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Boewe Systec AG (STU:BSY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Werner-von-Siemens-Street 1, Augsburg, DEU, 86159

Website

http://www.boewe-systec.de

Boewe Systec AG is a solutions provider for printing and mail processing centres. The company manufactures and markets inserting systems. It also offers card mailing systems, letter and flats sorting, intralogistics and reading technologies in the field of document processing. It provides services to classic transactional or direct mail applications, modern mail processing centers, intralogistics or serialization in the pharmaceutical industry.