Orbit International (Orbit International) Accounts Payable & Accrued Expense

: $1.63 Mil (As of Jun. 2017)

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Orbit International's quarterly accounts payable & accrued expense declined from Sep. 2016 ($1.62 Mil) to Dec. 2016 ($1.48 Mil) but then increased from Dec. 2016 ($1.48 Mil) to Jun. 2017 ($1.63 Mil).

Orbit International's annual accounts payable & accrued expense increased from Dec. 2014 ($1.41 Mil) to Dec. 2015 ($1.46 Mil) and increased from Dec. 2015 ($1.46 Mil) to Dec. 2016 ($1.48 Mil).

Orbit International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orbit International's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orbit International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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2.04

1.68

1.41

1.46

1.48

Orbit International Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.54	1.58	1.62	1.48	1.63

Orbit International Accounts Payable & Accrued Expense Calculation

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.

Orbit International (Orbit International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orbit International Corp (OTCPK:ORBT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cabot Court, Hauppauge, NY, USA, 11788

Website

https://www.orbitintl.com

Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.

Executives