Volcan Holdings (Volcan Holdings) Accounts Payable & Accrued Expense : $0.27 Mil (As of Jun. 2010)

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What is Volcan Holdings Accounts Payable & Accrued Expense?

Volcan Holdings's quarterly accounts payable & accrued expense increased from Dec. 2009 ($1.97 Mil) to Mar. 2010 ($2.26 Mil) but then declined from Mar. 2010 ($2.26 Mil) to Jun. 2010 ($0.27 Mil).

Volcan Holdings's annual accounts payable & accrued expense increased from Aug. 2008 ($0.00 Mil) to Jun. 2009 ($0.12 Mil) and increased from Jun. 2009 ($0.12 Mil) to Jun. 2010 ($0.27 Mil).

Volcan Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Volcan Holdings'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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Volcan Holdings Accounts Payable & Accrued Expense Chart

Volcan Holdings Annual Data

Trend

Aug07

Aug08

Jun09

Jun10

Accounts Payable & Accrued Expense

0.12

0.27

Volcan Holdings Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										0.12	1.81	1.97	2.26	0.27

Volcan Holdings 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.

Volcan Holdings (Volcan Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volcan Holdings Inc (OTCPK:VOHO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

412 North Main Street, Suite 100, Buffalo, WY, USA, 82834

Website

https://www.volcan.com.au

Volcan Holdings Inc operates in the industrial metals and minerals industry. The company is engaged in mineral exploration and development in Australia. The primary business is a bauxite alumina resource company.

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