Rackwise (Rackwise) Accounts Payable & Accrued Expense : $5.06 Mil (As of Mar. 2014)

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What is Rackwise Accounts Payable & Accrued Expense?

Rackwise's quarterly accounts payable & accrued expense declined from Sep. 2013 ($7.67 Mil) to Dec. 2013 ($2.71 Mil) but then increased from Dec. 2013 ($2.71 Mil) to Mar. 2014 ($5.06 Mil).

Rackwise's annual accounts payable & accrued expense declined from Dec. 2011 ($3.45 Mil) to Dec. 2012 ($2.42 Mil) but then increased from Dec. 2012 ($2.42 Mil) to Dec. 2013 ($2.71 Mil).

Rackwise Accounts Payable & Accrued Expense Historical Data

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

Rackwise Annual Data

Trend

Dec11

Dec12

Dec13

Accounts Payable & Accrued Expense

3.45

2.42

2.71

Rackwise Quarterly Data
	Jan10	Apr10	Jul10	Jan11	Apr11	Jul11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											6.16	7.20	7.67	2.71	5.06

Rackwise 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.

Rackwise (Rackwise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rackwise Inc (GREY:RACK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1610 Wynkoop Street, Suite 400, Denver, CO, USA, 80202

Website

http://www.rackwise.com

Rackwise Inc through its wholly-owned subsidiary, VNDI, is involved in software development, sales and marketing company. It creates Microsoft applications for network infrastructure administrators that provide for the modeling and planning.

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