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GuruFocus has detected 4 Warning Signs with Bioanalytical Systems Inc $BASI.
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Bioanalytical Systems Inc (NAS:BASI)
Accounts Payable & Accrued Expense
$4.37 Mil (As of Dec. 2016)

Bioanalytical Systems Inc's quarterly accounts payable & accrued expense declined from Jun. 2016 ($4.79 Mil) to Sep. 2016 ($4.07 Mil) but then increased from Sep. 2016 ($4.07 Mil) to Dec. 2016 ($4.37 Mil).

Bioanalytical Systems Inc's annual accounts payable & accrued expense declined from Sep. 2014 ($4.53 Mil) to Sep. 2015 ($3.48 Mil) but then increased from Sep. 2015 ($3.48 Mil) to Sep. 2016 ($4.07 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 local exchange's currency.

Bioanalytical Systems Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Accounts Payable & Accrued Expense 4.654.744.583.793.586.025.304.533.484.07

Bioanalytical Systems Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accounts Payable & Accrued Expense 4.534.263.873.553.483.454.634.794.074.37
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