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Griffin Industrial Realty Inc (NAS:GRIF)
Accounts Payable & Accrued Expense
$7.76 Mil (As of May. 2016)

Griffin Industrial Realty Inc's quarterly accounts payable & accrued expense declined from Nov. 2015 ($4.89 Mil) to Feb. 2016 ($4.02 Mil) but then increased from Feb. 2016 ($4.02 Mil) to May. 2016 ($7.76 Mil).

Griffin Industrial Realty Inc's annual accounts payable & accrued expense increased from Nov. 2013 ($3.51 Mil) to Nov. 2014 ($4.54 Mil) and increased from Nov. 2014 ($4.54 Mil) to Nov. 2015 ($4.89 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Griffin Industrial Realty Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Accounts Payable & Accrued Expense 7.815.695.243.673.593.954.903.514.544.89

Griffin Industrial Realty Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accounts Payable & Accrued Expense 4.954.623.044.544.226.325.204.894.027.76
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