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ECB Bancorp Inc (AMEX:ECBE)
Accounts Payable
{IF BankInsurance_zone 1}
$0.51 Mil (As of )Sep. 2012)
{IF AP_Q_zone 1}{ELSE} {/IF}

ECB Bancorp Incs quarterly accounts payable increased from Mar. 2012 ($0.46 Mil) to Jun. 2012 ($0.46 Mil) and increased from Jun. 2012 ($0.47 Mil) to Sep. 2012 ($0.51 Mil)

ECB Bancorp Incs quarterly accounts payable declined from Dec. 2009 ($1.12 Mil) to Dec. 2010 ($1.12 Mil) and declined from Dec. 2010 ($0.63 Mil) to Dec. 2011 ($0.52 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}

ECB Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
Accts Payable 0.730.690.971.522.362.5356.321.120.630.52
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
Accts Payable 1.020.980.630.640.650.630.520.460.470.51
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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