Sina Finance and Credit Co (XTEH:VSIN1) Accounts Payable & Accrued Expense : IRR1,825,000 Mil (As of Mar. 2014)

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What is Sina Finance and Credit Co Accounts Payable & Accrued Expense?

Sina Finance and Credit Co's quarterly accounts payable & accrued expense increased from Mar. 2012 (IRR831,000 Mil) to Mar. 2013 (IRR1,258,000 Mil) and increased from Mar. 2013 (IRR1,258,000 Mil) to Mar. 2014 (IRR1,825,000 Mil).

Sina Finance and Credit Co's annual accounts payable & accrued expense increased from Mar. 2012 (IRR831,000 Mil) to Mar. 2013 (IRR1,258,000 Mil) and increased from Mar. 2013 (IRR1,258,000 Mil) to Mar. 2014 (IRR1,825,000 Mil).

Sina Finance and Credit Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sina Finance and Credit Co'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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Sina Finance and Credit Co Accounts Payable & Accrued Expense Chart

Sina Finance and Credit Co Annual Data

Trend

Mar12

Mar13

Mar14

Accounts Payable & Accrued Expense

831,000.00

1,258,000.00

1,825,000.00

Sina Finance and Credit Co Semi-Annual Data
	Mar12	Mar13	Mar14
Accounts Payable & Accrued Expense	831,000.00	1,258,000.00	1,825,000.00

Sina Finance and Credit Co 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.

Sina Finance and Credit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 187 Motahari Avenue, Tehran, IRN, 1587998411

Website

http://www.sinabank.ir

Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

Sina Finance and Credit Co Headlines

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