Magor (TSXV:MCC.H) Accounts Payable & Accrued Expense : C$1.07 Mil (As of Jul. 2016)

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What is Magor Accounts Payable & Accrued Expense?

Magor's quarterly accounts payable & accrued expense declined from Jan. 2016 (C$1.28 Mil) to Apr. 2016 (C$1.04 Mil) but then increased from Apr. 2016 (C$1.04 Mil) to Jul. 2016 (C$1.07 Mil).

Magor's annual accounts payable & accrued expense increased from Apr. 2014 (C$1.03 Mil) to Apr. 2015 (C$1.41 Mil) but then declined from Apr. 2015 (C$1.41 Mil) to Apr. 2016 (C$1.04 Mil).

Magor Accounts Payable & Accrued Expense Historical Data

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

Magor Annual Data

Trend

Mar10

Mar11

Mar12

Apr13

Apr14

Apr15

Apr16

Accounts Payable & Accrued Expense

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0.03

1.50

1.03

1.41

1.04

Magor Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.49	1.43	1.28	1.04	1.07

Magor 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.

Magor (TSXV:MCC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magor Corp (TSXV:MCC.H) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5

Website

http://www.magorcorp.com

Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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