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SmartChase Corp (OTCPK:SCHS)
Accounts Payable
{IF BankInsurance_zone 1}
$0.01 Mil (As of )Mar. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

SmartChase Corps quarterly accounts payable declined from Sep. 2015 ($0.17 Mil) to Dec. 2015 ($0.17 Mil) and declined from Dec. 2015 ($0.08 Mil) to Mar. 2016 ($0.01 Mil)

SmartChase Corps quarterly accounts payable increased from Dec. 2013 ($0.11 Mil) to Dec. 2014 ($0.11 Mil) but then declined from Dec. 2014 ($0.15 Mil) to Dec. 2015 ($0.08 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}

SmartChase Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 0.000.000.050.100.120.130.060.110.150.08
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accts Payable 0.110.110.120.130.150.160.170.170.080.01
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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