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GuruFocus has detected 8 Warning Signs with Ebix Inc $EBIX.
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Ebix Inc (NAS:EBIX)
Accounts Payable
{IF BankInsurance_zone 1}
USD 36.5 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Ebix Incs quarterly accounts payable increased from Mar. 2016 (USD 20.4 Mil) to Jun. 2016 (USD 20.4 Mil) and increased from Jun. 2016 (USD 23.4 Mil) to Sep. 2016 (USD 36.5 Mil)

Ebix Incs quarterly accounts payable increased from Dec. 2013 (USD 24.3 Mil) to Dec. 2014 (USD 24.3 Mil) but then declined from Dec. 2014 (USD 45.4 Mil) to Dec. 2015 (USD 28.0 Mil)


Definition

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

{data_exp}

Ebix Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 3.43.711.014.719.923.820.924.345.428.0
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 21.715.445.423.029.327.728.020.423.436.5
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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