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OCZ Technology Group (FRA:OADA) Change In Payables And Accrued Expense : €-63.1 Mil (TTM As of Aug. 2013)


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What is OCZ Technology Group Change In Payables And Accrued Expense?

OCZ Technology Group's Change In Payables And Accrued Expense for the quarter that ended in Aug. 2013 was €-2.1 Mil. It means OCZ Technology Group's Accounts Payable & Accrued Expense declined by €2.1 Mil from May. 2013 to Aug. 2013 .

OCZ Technology Group's Change In Payables And Accrued Expense for the fiscal year that ended in Feb. 2013 was €-55.7 Mil. It means OCZ Technology Group's Accounts Payable & Accrued Expense declined by €55.7 Mil from Feb. 2012 to Feb. 2013 .


OCZ Technology Group Change In Payables And Accrued Expense Historical Data

The historical data trend for OCZ Technology Group's Change In Payables And 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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OCZ Technology Group Change In Payables And Accrued Expense Chart

OCZ Technology Group Annual Data
Trend Dec05 Dec06 Feb09 Feb10 Feb11 Feb12 Feb13
Change In Payables And Accrued Expense
Get a 7-Day Free Trial 10.52 1.14 12.09 54.11 -55.72

OCZ Technology Group Quarterly Data
Feb09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Feb13 May13 Aug13
Change In Payables And Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.92 1.60 -53.99 -6.98 -2.10

OCZ Technology Group Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Aug. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-63.1 Mil.

* 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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OCZ Technology Group (FRA:OADA) Business Description

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OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

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