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GuruFocus has detected 5 Warning Signs with IDEX Corp $IEX.
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IDEX Corp (NYSE:IEX)
Accounts Payable & Accrued Expense
$263 Mil (As of Mar. 2017)

IDEX Corp's quarterly accounts payable & accrued expense increased from Sep. 2016 ($293 Mil) to Dec. 2016 ($296 Mil) but then declined from Dec. 2016 ($296 Mil) to Mar. 2017 ($263 Mil).

IDEX Corp's annual accounts payable & accrued expense declined from Dec. 2014 ($301 Mil) to Dec. 2015 ($299 Mil) and declined from Dec. 2015 ($299 Mil) to Dec. 2016 ($296 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.

IDEX Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accounts Payable & Accrued Expense 180214177226256274293301299296

IDEX Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Accounts Payable & Accrued Expense 301261297314299279281293296263
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