Redwood Monthlyome Fund (TSX:VIP.UN) Accounts Payable & Accrued Expense : C$0.56 Mil (As of Dec. 2017)

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What is Redwood Monthlyome Fund Accounts Payable & Accrued Expense?

Redwood Monthlyome Fund's quarterly accounts payable & accrued expense increased from Dec. 2016 (C$0.72 Mil) to Jun. 2017 (C$0.88 Mil) but then declined from Jun. 2017 (C$0.88 Mil) to Dec. 2017 (C$0.56 Mil).

Redwood Monthlyome Fund's annual accounts payable & accrued expense declined from Dec. 2015 (C$1.27 Mil) to Dec. 2016 (C$0.72 Mil) and declined from Dec. 2016 (C$0.72 Mil) to Dec. 2017 (C$0.56 Mil).

Redwood Monthlyome Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Redwood Monthlyome Fund'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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Redwood Monthlyome Fund Accounts Payable & Accrued Expense Chart

Redwood Monthlyome Fund Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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2.03

2.00

1.27

0.72

0.56

Redwood Monthlyome Fund Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														1.27	1.09	0.72	0.88	0.56

Redwood Monthlyome Fund 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.

Redwood Monthlyome Fund (TSX:VIP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Redwood Monthly Income Fund (TSX:VIP.UN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5

Website

http://www.redwoodasset.com

Redwood Monthly Income Fund is a balanced mutual fund. The company provides a high level of income through receipt of monthly distributions. The company invests in a diversified portfolio of high-income investments. The company also invests in dividend-paying equity securities, as well as fixed income securities.

Redwood Monthlyome Fund (TSX:VIP.UN) Headlines

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