Avitar (Avitar) Accounts Payable & Accrued Expense : $1.87 Mil (As of Dec. 2007)

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What is Avitar Accounts Payable & Accrued Expense?

Avitar's quarterly accounts payable & accrued expense increased from Jun. 2007 ($2.17 Mil) to Sep. 2007 ($2.39 Mil) but then declined from Sep. 2007 ($2.39 Mil) to Dec. 2007 ($1.87 Mil).

Avitar's annual accounts payable & accrued expense increased from Sep. 2005 ($1.41 Mil) to Sep. 2006 ($1.68 Mil) and increased from Sep. 2006 ($1.68 Mil) to Sep. 2007 ($2.39 Mil).

Avitar Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avitar's Accounts Payable & Accrued Expense 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.

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Avitar Accounts Payable & Accrued Expense Chart

Avitar Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Accounts Payable & Accrued Expense

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2.60

1.67

1.41

1.68

2.39

Avitar Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.72	2.09	2.17	2.39	1.87

Avitar Accounts Payable & Accrued Expense Calculation

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.

Avitar (Avitar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avitar Inc (OTCPK:AVTI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9

Website

Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.