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TSR Inc (NAS:TSRI)
Accounts Payable & Accrued Expense
$3.37 Mil (As of May. 2016)

TSR Inc's quarterly accounts payable & accrued expense increased from Nov. 2015 ($3.47 Mil) to Feb. 2016 ($3.51 Mil) but then declined from Feb. 2016 ($3.51 Mil) to May. 2016 ($3.37 Mil).

TSR Inc's annual accounts payable & accrued expense increased from May. 2014 ($3.15 Mil) to May. 2015 ($3.52 Mil) but then declined from May. 2015 ($3.52 Mil) to May. 2016 ($3.37 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 own currency.

TSR Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
Accounts Payable & Accrued Expense 2.502.231.521.692.883.163.163.153.523.37

TSR Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accounts Payable & Accrued Expense 3.113.153.483.373.313.523.803.473.513.37
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