Millennium Bankshares (Millennium Bankshares) Accounts Payable & Accrued Expense : $0.56 Mil (As of Sep. 2008)

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What is Millennium Bankshares Accounts Payable & Accrued Expense?

Millennium Bankshares's quarterly accounts payable & accrued expense increased from Mar. 2008 ($0.73 Mil) to Jun. 2008 ($0.73 Mil) but then declined from Jun. 2008 ($0.73 Mil) to Sep. 2008 ($0.56 Mil).

Millennium Bankshares's annual accounts payable & accrued expense increased from Dec. 2005 ($0.78 Mil) to Dec. 2006 ($1.23 Mil) but then declined from Dec. 2006 ($1.23 Mil) to Dec. 2007 ($1.07 Mil).

Millennium Bankshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Millennium Bankshares'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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Millennium Bankshares Accounts Payable & Accrued Expense Chart

Millennium Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Accounts Payable & Accrued Expense

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0.54

0.58

0.78

1.23

1.07

Millennium Bankshares Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.04	1.07	0.73	0.73	0.56

Millennium Bankshares 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.

Millennium Bankshares (Millennium Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Millennium Bankshares Corp (OTCPK:MBVA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Washington Plaza, Reston, VA, USA, 20190

Website

https://www.millenniumbank.com

Millennium Bankshares Corp is a bank holding company. The Company through its bank holding provides commercial, retail and consumer banking services to meet the needs of businesses and consumers in the communities it serves.

Executives

Williams Frank E Jr

other: 9% Ownership

2789-B HARTLAND ROAD, FALLS CHURCH VA 22043

Millennium Bankshares (Millennium Bankshares) Headlines

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