Speed Commerce (Speed Commerce) Accounts Payable & Accrued Expense : $21.8 Mil (As of Dec. 2015)

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What is Speed Commerce Accounts Payable & Accrued Expense?

Speed Commerce's quarterly accounts payable & accrued expense declined from Jun. 2015 ($21.1 Mil) to Sep. 2015 ($15.7 Mil) but then increased from Sep. 2015 ($15.7 Mil) to Dec. 2015 ($21.8 Mil).

Speed Commerce's annual accounts payable & accrued expense increased from Mar. 2013 ($11.6 Mil) to Mar. 2014 ($14.0 Mil) and increased from Mar. 2014 ($14.0 Mil) to Mar. 2015 ($24.0 Mil).

Speed Commerce Accounts Payable & Accrued Expense Historical Data

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

Speed Commerce Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Accounts Payable & Accrued Expense

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88.67

78.76

11.63

14.01

24.02

Speed Commerce Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															33.38	24.02	21.06	15.74	21.82

Speed Commerce 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.

Speed Commerce (Speed Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Speed Commerce Inc (OTCPK:SPDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081

Website

http://www.speedcommerce.com

Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.

Executives

Richard Willis	director, officer: President and CEO	7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler	director	7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker	other: Member of a 13(d) 10% Group	5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p.	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin	other: Member of a 13(d) 10% Group	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey	director	C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402