Conergy AG (LTS:0P51) Accounts Payable & Accrued Expense : €151.8 Mil (As of Mar. 2013)

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What is Conergy AG Accounts Payable & Accrued Expense?

Conergy AG's quarterly accounts payable & accrued expense increased from Sep. 2012 (€126.5 Mil) to Dec. 2012 (€130.6 Mil) and increased from Dec. 2012 (€130.6 Mil) to Mar. 2013 (€151.8 Mil).

Conergy AG's annual accounts payable & accrued expense declined from Dec. 2010 (€164.6 Mil) to Dec. 2011 (€89.9 Mil) but then increased from Dec. 2011 (€89.9 Mil) to Dec. 2012 (€130.6 Mil).

Conergy AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Conergy AG'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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Conergy AG Accounts Payable & Accrued Expense Chart

Conergy AG Annual Data

Trend

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Dec12

Accounts Payable & Accrued Expense

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113.30

117.10

164.60

89.90

130.60

Conergy AG Quarterly Data
	Dec03	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															90.50	111.00	126.50	130.60	151.80

Conergy AG 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.

Conergy AG (LTS:0P51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Conergy AG (LTS:0P51) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Anckelmannsplatz 1, Hamburg, DEU, 20537

Website

http://www.conergy.com

Conergy AG is a German company which acts as a supplier in the field of solar system integration. The company produces, installs and plans solar systems and wind power stations. It develops, produces, and sells photovoltaic plants and plant components. The company is also engaged in project development and the implementation of large-scale photovoltaic projects.

Conergy AG (LTS:0P51) Headlines

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