GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Q.E.P. Co Inc (OTCPK:QEPC) » Definitions » Total Current Liabilities

Q.E.P. Co (Q.E.P. Co) Total Current Liabilities : $50.6 Mil (As of Nov. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Q.E.P. Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Q.E.P. Co's total current liabilities for the quarter that ended in Nov. 2023 was $50.6

Q.E.P. Co Total Current Liabilities Historical Data

The historical data trend for Q.E.P. Co'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.

Q.E.P. Co Total Current Liabilities Chart

Q.E.P. Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.10 99.25 94.00 105.98 83.61

Q.E.P. Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 83.61 77.04 73.48 50.59

Q.E.P. Co Total Current Liabilities Calculation

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

Q.E.P. Co's Total Current Liabilities for the fiscal year that ended in Feb. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=45.931+37.679
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=83.6

Q.E.P. Co's Total Current Liabilities for the quarter that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=37.217+13.14
+Other Current Liabilities+Current Deferred Liabilities
=0.229+0
=50.6

* 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

Q.E.P. Co Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Q.E.P. Co's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Q.E.P. Co (Q.E.P. Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Q.E.P. Co Inc (OTCPK:QEPC) » Definitions » Total Current Liabilities
Comparable Companies
SCX DMFG CVR TBLT EML HKSE:00669 SNA SWK LECO TTC OSTO:SKF B RBC TSE:6586 TKR XSWX:SFSN OSTO:HUSQ A SZSE:002444 TSE:9962 XTER:GIL TSE:6141
Traded in Other Exchanges
N/A
Address
1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, USA, 33487
Website
https://www.qep.com
Q.E.P. Co Inc is a provider of flooring and industrial solutions. The company is a manufacturer, marketer, and distributor of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. It also provides industrial tools to the industrial trades under brand names including QEP, ROBERTS, Capitol, Harris Wood, Fausfloor, Vitrex, Homelux, TileRite, PRCI, Nupla, HISCO, Plasplugs, Ludell, Porta-Nails, Tomecanic, Benetiere, and Elastiment. The company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in an approx 50 states and throughout the world.
Executives
Lawrence P Levine officer: SVP and General Counsel 1001 BROKEN SOUND PARKWAY NW, SUITE A, BOCA RATON FL 33487
Robert G Walters director 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
Kenneth Weiss officer: SVP Commercial Sales 1001 BROKEN SOUND PARKWAY NW SUITE A, BOCA RATON FL 33487
David L Kreilein director 2930 INDUSTRIEAL ST, WISCONSIN RAPIDS WI 54495-8020
Muir Robert W Jr director
Laura M Holm director C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
James Brower officer: Chief Operating Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Jamie Clingan officer: Vice President Marketing C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Bruce Maclaren officer: Chief Executive Officer Europe C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
S Scott Fitzpatrick officer: Chief Accounting Officer C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, NW, SUITE A, BOCA RATON FL 33487
Stuart F Fleischer officer: Chief Financial Officer
Randall Paulfus officer: Interim CFO C/O PC UNIVERSE, INC., 504 NW 77TH STREET, BOCA RATON FL 33487
Richard A Brooke officer: Senior Vice President C/O Q.E.P. CO., INC., 1001 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Eric Demaree officer: EVP, Sales C/O Q.E.P. CO., INC., 1081 HOLLAND DRIVE, BOCA RATON FL 33487
Susan J Gould 10 percent owner