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Colonial Motor Co (NZSE:CMO) Accounts Payable & Accrued Expense for Financial Companies


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What is Colonial Motor Co Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Colonial Motor Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Colonial Motor Co Ltd (NZSE:CMO) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
N/A
Address
57 Courtenay Place, Level 6, PO Box 6159, Wellington, NZL, 6141
Colonial Motor Co Ltd is a New Zealand based company engaged in the principal activity of operating franchised motor vehicle dealerships. It owns motor vehicle dealerships throughout the country and has dealerships selling heavy trucks and tractors. The company has many dealerships and has a primary focus on Ford. Also, the company provides administrative and financial services to the subsidiaries as well as leasing them at market rates for many of the properties. Substantial revenue is generated from the sale of goods.