Armor Designs (LSE:ADIS) Accounts Payable & Accrued Expense : £1.27 Mil (As of Dec. 2013)

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What is Armor Designs Accounts Payable & Accrued Expense?

Armor Designs's quarterly accounts payable & accrued expense declined from Dec. 2011 (£3.78 Mil) to Dec. 2012 (£1.21 Mil) but then increased from Dec. 2012 (£1.21 Mil) to Dec. 2013 (£1.27 Mil).

Armor Designs's annual accounts payable & accrued expense declined from Dec. 2011 (£3.78 Mil) to Dec. 2012 (£1.21 Mil) but then increased from Dec. 2012 (£1.21 Mil) to Dec. 2013 (£1.27 Mil).

Armor Designs Accounts Payable & Accrued Expense Historical Data

The historical data trend for Armor Designs'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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Armor Designs Accounts Payable & Accrued Expense Chart

Armor Designs Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

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1.61

3.12

3.78

1.21

1.27

Armor Designs Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				1.61	3.12	3.78	1.21	1.27

Armor Designs 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.

Armor Designs (LSE:ADIS) Business Description

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Armor Designs Inc was incorporated in Delaware on March 30, 2006. The Company is a designer, integrator and manufacturer of body and vehicular armor solutions for military, government and commercial sectors on a global basis. Its focus is primarily on introducing next generation armor based on patented Volumetrically Controlled Manufacturing (VCM) technology.

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