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19.76 (1y: +6%)
Market Cap 734.48 M P/E(ttm) 10.60
Enterprise Value 768.18 M P/B 2.00
EBIX- NAS (USA)
Ebix, Inc.
  • Currently 4.5/5
Business Predictability Rank: 4.5-Star
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
Read more:
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$19.76
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Ebix, Inc. Accounts Payable: 25.0 ( as of Mar13)

* All numbers are in millions except for per share data EBIX 10-Y Financials »

Definition

Accounts Payable is money owned by a business to its suppliers. It is a liability that expected to be paid by the business within 12 months.

From a cash flow point of view, if a company’s accounts payable increase, it means that the company’s cash level is higher by the same amount. This is because accounts payable are eventually paid in the cash. The slower accounts payable are paid, the longer the company has use of the cash. Therefore, accounts payable contribute positively to cash flow.

A company’s accounts payable are reflected on its suppliers’ balance sheet as Accounts Receivable.

Related Terms

Accounts Receivable
* All numbers are in millions except for per share data

Ebix, Inc. Annual Data

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Ebix, Inc. Quarterly Data

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