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University Bancorp Inc (OTCPK:UNIB)
Accounts Payable
{IF BankInsurance_zone 1}
$4.66 Mil (As of )Dec. 2015)
{IF AP_Q_zone 1}{ELSE} {/IF}

University Bancorp Incs quarterly accounts payable declined from Dec. 2013 ($5.02 Mil) to Dec. 2014 ($5.02 Mil) but then increased from Dec. 2014 ($3.79 Mil) to Dec. 2015 ($4.66 Mil)

University Bancorp Incs quarterly accounts payable declined from Dec. 2013 ($5.02 Mil) to Dec. 2014 ($5.02 Mil) but then increased from Dec. 2014 ($3.79 Mil) to Dec. 2015 ($4.66 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}

University Bancorp Inc Annual Data

Dec01Dec02Dec03Dec04Dec05Dec06Dec07Dec13Dec14Dec15
Accts Payable 0.520.330.340.170.510.130.425.023.794.66
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Dec01Dec02Dec03Dec04Dec05Dec06Dec07Dec13Dec14Dec15
Accts Payable 0.520.330.340.170.510.130.425.023.794.66
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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