Grow Solutions Holdings (Grow Solutions Holdings) Accounts Payable & Accrued Expense : $1.54 Mil (As of Dec. 2016)

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What is Grow Solutions Holdings Accounts Payable & Accrued Expense?

Grow Solutions Holdings's quarterly accounts payable & accrued expense declined from Jun. 2016 ($1.00 Mil) to Sep. 2016 ($0.17 Mil) but then increased from Sep. 2016 ($0.17 Mil) to Dec. 2016 ($1.54 Mil).

Grow Solutions Holdings's annual accounts payable & accrued expense increased from Dec. 2014 ($0.09 Mil) to Dec. 2015 ($0.97 Mil) and increased from Dec. 2015 ($0.97 Mil) to Dec. 2016 ($1.54 Mil).

Grow Solutions Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grow Solutions Holdings'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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Grow Solutions Holdings Accounts Payable & Accrued Expense Chart

Grow Solutions Holdings Annual Data

Trend

Dec07

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Dec16

Accounts Payable & Accrued Expense

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0.12

0.15

0.09

0.97

1.54

Grow Solutions Holdings Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.97	1.00	1.00	0.17	1.54

Grow Solutions Holdings 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.

Grow Solutions Holdings (Grow Solutions Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Grow Solutions Holdings Inc (OTCPK:GRSO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

430 Franklin Village Drive, Franklin, MA, USA, 02038

Website

https://www.aerogrowmanufacturing.com

Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products.