Favo Capital (Favo Capital) Accounts Payable & Accrued Expense : $0.58 Mil (As of Sep. 2023)

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What is Favo Capital Accounts Payable & Accrued Expense?

Favo Capital's quarterly accounts payable & accrued expense declined from Mar. 2014 ($0.04 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.58 Mil).

Favo Capital's annual accounts payable & accrued expense declined from Dec. 2011 ($0.04 Mil) to Dec. 2012 ($0.02 Mil) and declined from Dec. 2012 ($0.02 Mil) to Dec. 2013 ($0.02 Mil).

Favo Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Favo Capital'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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Favo Capital Accounts Payable & Accrued Expense Chart

Favo Capital Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

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0.09

0.04

0.02

Favo Capital Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Sep22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	0.02	0.04	-	0.58

Favo Capital 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.

Favo Capital (Favo Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Favo Capital Inc (OTCPK:FAVO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590

Website

https://www.favocap.com

Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.