Carolina Trust BancShares (Carolina Trust BancShares) Accounts Payable & Accrued Expense : $0.76 Mil (As of Sep. 2019)

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What is Carolina Trust BancShares Accounts Payable & Accrued Expense?

Carolina Trust BancShares's quarterly accounts payable & accrued expense declined from Mar. 2019 ($0.68 Mil) to Jun. 2019 ($0.57 Mil) but then increased from Jun. 2019 ($0.57 Mil) to Sep. 2019 ($0.76 Mil).

Carolina Trust BancShares's annual accounts payable & accrued expense increased from Dec. 2016 ($0.29 Mil) to Dec. 2017 ($0.29 Mil) and increased from Dec. 2017 ($0.29 Mil) to Dec. 2018 ($0.42 Mil).

Carolina Trust BancShares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Carolina Trust BancShares'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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Carolina Trust BancShares Accounts Payable & Accrued Expense Chart

Carolina Trust BancShares Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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0.10

0.06

0.29

0.42

Carolina Trust BancShares Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.58	0.42	0.68	0.57	0.76

Carolina Trust BancShares 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.

Carolina Trust BancShares (Carolina Trust BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carolina Trust BancShares Inc (NAS:CART) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 East Main Street, Lincolnton, NC, USA, 28092

Website

http://www.carolinatrust.com

Carolina Trust BancShares Inc is a bank holding company. The bank offers a range of financial services to small-to-medium-sized businesses, professionals and individual consumers in its community. It also offers a range of banking services, including checking and savings accounts; commercial, installment, mortgage and personal loans; safe deposit boxes, and other associated services. Carolina Trust offers personal banking and business banking services. The bank's market area consists primarily of Lincoln, Gaston and Rutherford Counties, North Carolina and includes parts of Catawba County.

Executives

Jerry L Ocheltree

director, officer: President & CEO

901 EAST MAIN STREET, LINCOLNTON NC 28092