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VeriFone Systems (VeriFone Systems) Total Current Liabilities : $514 Mil (As of Apr. 2018)


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What is VeriFone Systems Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. VeriFone Systems's total current liabilities for the quarter that ended in Apr. 2018 was $514


VeriFone Systems Total Current Liabilities Historical Data

The historical data trend for VeriFone Systems's Total Current Liabilities 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.

* Premium members only.

VeriFone Systems Total Current Liabilities Chart

VeriFone Systems Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 587.66 491.67 541.24 538.80 542.25

VeriFone Systems Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 584.68 589.21 542.25 516.29 514.29

VeriFone Systems Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

VeriFone Systems's Total Current Liabilities for the fiscal year that ended in Oct. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=201.875+68.77
+Other Current Liabilities+Current Deferred Liabilities
=170.181+101.427
=542

VeriFone Systems's Total Current Liabilities for the quarter that ended in Apr. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=232.091+30.436
+Other Current Liabilities+Current Deferred Liabilities
=145.293+106.466
=514

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


VeriFone Systems Total Current Liabilities Related Terms

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VeriFone Systems (VeriFone Systems) Business Description

Traded in Other Exchanges
N/A
Address
Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.
Executives
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Galant director, officer: CEO 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Karen A Austin director 3100 WEST BIG BEAVER ROAD, TROY MI 48084
Marc E Rothman officer: EVP & CFO 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Larry A Klane director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Rowan M Trollope director 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Albert Liu officer: EVP, Corp Dev & Gen Counsel 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Wenda Harris Millard director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALLE CA 94089
William Kenneth Nelson officer: EVP Global Product Mgmt & Serv ONE WAYSIDE ROAD BURLINGTON MA 01803
Leslie G Denend director C/O RATIONAL SOFTWARE CORP, 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043