Mawson West (TSX:MWE) Accounts Payable & Accrued Expense : C$6.85 Mil (As of Sep. 2016)

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What is Mawson West Accounts Payable & Accrued Expense?

Mawson West's quarterly accounts payable & accrued expense declined from Mar. 2016 (C$14.96 Mil) to Jun. 2016 (C$10.45 Mil) and declined from Jun. 2016 (C$10.45 Mil) to Sep. 2016 (C$6.85 Mil).

Mawson West's annual accounts payable & accrued expense declined from Dec. 2013 (C$19.20 Mil) to Dec. 2014 (C$15.82 Mil) but then increased from Dec. 2014 (C$15.82 Mil) to Dec. 2015 (C$21.27 Mil).

Mawson West Accounts Payable & Accrued Expense Historical Data

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

Mawson West Annual Data

Trend

Jun09

Jun10

Jun11

Dec12

Dec13

Dec14

Dec15

Accounts Payable & Accrued Expense

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6.90

20.45

19.20

15.82

21.27

Mawson West Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.48	21.27	14.96	10.45	6.85

Mawson West 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.