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GuruFocus has detected 3 Warning Signs with Thermon Group Holdings Inc $THR.
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Thermon Group Holdings Inc (NYSE:THR)
Accounts Payable & Accrued Expense
$25.8 Mil (As of Dec. 2016)

Thermon Group Holdings Inc's quarterly accounts payable & accrued expense increased from Jun. 2016 ($29.4 Mil) to Sep. 2016 ($29.6 Mil) but then declined from Sep. 2016 ($29.6 Mil) to Dec. 2016 ($25.8 Mil).

Thermon Group Holdings Inc's annual accounts payable & accrued expense increased from Mar. 2014 ($27.2 Mil) to Mar. 2015 ($36.6 Mil) and increased from Mar. 2015 ($36.6 Mil) to Mar. 2016 ($40.4 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.

Thermon Group Holdings Inc Annual Data

Mar09Mar10Mar12Mar13Mar14Mar15Mar16
Accounts Payable & Accrued Expense 0.00.00.028.325.138.038.627.236.640.4

Thermon Group Holdings Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accounts Payable & Accrued Expense 38.743.036.628.428.334.640.429.429.625.8
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