GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wireless Xcessories Group Inc (OTCPK:WIRX) » Definitions » Total Current Liabilities

Wireless Xcessories Group (Wireless Xcessories Group) Total Current Liabilities : $0.93 Mil (As of Dec. 2007)


View and export this data going back to 1996. Start your Free Trial

What is Wireless Xcessories Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Wireless Xcessories Group's total current liabilities for the quarter that ended in Dec. 2007 was $0.93


Wireless Xcessories Group Total Current Liabilities Historical Data

The historical data trend for Wireless Xcessories Group's Total Current Liabilities 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.

* Premium members only.

Wireless Xcessories Group Total Current Liabilities Chart

Wireless Xcessories Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.25 1.15 0.96 0.93

Wireless Xcessories Group Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Total Current Liabilities 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.64 0.94 0.86 0.93

Wireless Xcessories Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Wireless Xcessories Group's Total Current Liabilities for the fiscal year that ended in Dec. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.931+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.93

Wireless Xcessories Group's Total Current Liabilities for the quarter that ended in Dec. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.931+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.93

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Wireless Xcessories Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Wireless Xcessories Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Traded in Other Exchanges
N/A
Address
1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006
Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.
Executives
Brazdley T Macdonald director 3316 SERENITY WAY, OWINGS MILLS MD 21117

Wireless Xcessories Group (Wireless Xcessories Group) Headlines

From GuruFocus

A nano cap bargain in the wireless space

By David Pinsen DaveinHackensack 03-11-2011

Can growth be bad for value investors?

By whopper investments whopper investments 01-09-2013