Victor Mining Industry Group (Victor Mining Industry Group) Accounts Payable & Accrued Expense : $1.74 Mil (As of Sep. 2006)

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What is Victor Mining Industry Group Accounts Payable & Accrued Expense?

Victor Mining Industry Group's quarterly accounts payable & accrued expense increased from Mar. 2006 ($1.33 Mil) to Jun. 2006 ($1.52 Mil) and increased from Jun. 2006 ($1.52 Mil) to Sep. 2006 ($1.74 Mil).

Victor Mining Industry Group's annual accounts payable & accrued expense increased from Dec. 2003 ($0.33 Mil) to Dec. 2004 ($0.72 Mil) and increased from Dec. 2004 ($0.72 Mil) to Dec. 2005 ($1.31 Mil).

Victor Mining Industry Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Victor Mining Industry Group'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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Victor Mining Industry Group Accounts Payable & Accrued Expense Chart

Victor Mining Industry Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Accounts Payable & Accrued Expense

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0.12

0.07

0.33

0.72

1.31

Victor Mining Industry Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.25	1.31	1.33	1.52	1.74

Victor Mining Industry Group 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.

Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Victor Mining Industry Group Inc (OTCPK:VMTG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS

Website

http://http://www.victorminingindustrygroup.com

Victor Mining Industry Group Inc is a shell company.

Executives

Hanlin Chen

director

Victor Mining Industry Group (Victor Mining Industry Group) Headlines

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