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TXIC (Tongxin International) Accounts Payable & Accrued Expense : $44.67 Mil (As of Dec. 2010)


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What is Tongxin International Accounts Payable & Accrued Expense?

Tongxin International's quarterly accounts payable & accrued expense declined from Dec. 2008 ($45.85 Mil) to Dec. 2009 ($38.45 Mil) but then increased from Dec. 2009 ($38.45 Mil) to Dec. 2010 ($44.67 Mil).

Tongxin International's annual accounts payable & accrued expense declined from Dec. 2008 ($45.85 Mil) to Dec. 2009 ($38.45 Mil) but then increased from Dec. 2009 ($38.45 Mil) to Dec. 2010 ($44.67 Mil).


Tongxin International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tongxin International'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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Tongxin International Accounts Payable & Accrued Expense Chart

Tongxin International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 38.84 45.85 38.45 44.67 57.90

Tongxin International Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 38.84 45.85 38.45 44.67 57.90

Tongxin International 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.


Tongxin International Business Description

Traded in Other Exchanges
N/A
Address
Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135
Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

Tongxin International Headlines

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