Berkshire Homes (Berkshire Homes) Accounts Payable & Accrued Expense : $1.21 Mil (As of Aug. 2015)

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What is Berkshire Homes Accounts Payable & Accrued Expense?

Berkshire Homes's quarterly accounts payable & accrued expense declined from Feb. 2015 ($1.15 Mil) to May. 2015 ($1.13 Mil) but then increased from May. 2015 ($1.13 Mil) to Aug. 2015 ($1.21 Mil).

Berkshire Homes's annual accounts payable & accrued expense declined from Nov. 2012 ($0.96 Mil) to Nov. 2013 ($0.62 Mil) but then increased from Nov. 2013 ($0.62 Mil) to Nov. 2014 ($1.04 Mil).

Berkshire Homes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Berkshire Homes'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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Berkshire Homes Accounts Payable & Accrued Expense Chart

Berkshire Homes Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Accounts Payable & Accrued Expense

0.52

0.96

0.62

1.04

Berkshire Homes Quarterly Data
	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.93	1.04	1.15	1.13	1.21

Berkshire Homes 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.

Berkshire Homes (Berkshire Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Berkshire Homes Inc (OTCPK:BKSH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.berkshirenewhomes.com

Berkshire Homes Inc is a United States based company engaged in acquiring and rehabilitating distressed residential real estate properties that are below market value, rehabilitates them, and then sell or lease them, depending on which approach will generate the highest return.

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