Gleacher (Gleacher) Accounts Payable & Accrued Expense : $9.64 Mil (As of Mar. 2014)

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What is Gleacher Accounts Payable & Accrued Expense?

Gleacher's quarterly accounts payable & accrued expense declined from Sep. 2013 ($16.50 Mil) to Dec. 2013 ($9.21 Mil) but then increased from Dec. 2013 ($9.21 Mil) to Mar. 2014 ($9.64 Mil).

Gleacher's annual accounts payable & accrued expense declined from Dec. 2011 ($1,165.32 Mil) to Dec. 2012 ($690.58 Mil) and declined from Dec. 2012 ($690.58 Mil) to Dec. 2013 ($9.21 Mil).

Gleacher Accounts Payable & Accrued Expense Historical Data

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

Gleacher Annual Data

Trend

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Dec13

Accounts Payable & Accrued Expense

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785.76

1,195.20

1,165.32

690.58

9.21

Gleacher Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															435.80	14.93	16.50	9.21	9.64

Gleacher 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.

Gleacher (Gleacher) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gleacher & Co Inc (OTCPK:GLCH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.gleacher.com

Gleacher & Co Inc previously operated an investment banking company. It provided an investment banking business, providing corporate and institutional clients with strategic and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services. The company is now engaged solely in winding up its business and paying or providing for its obligations.

Executives

Bryan Edmiston	officer: Controller	250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Alan J. Mintz	10 percent owner	555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
Matlinpatterson Llc	10 percent owner	520 MADISON AVE, NEW YORK NY 10022
David J Matlin	10 percent owner
Mark R Patterson	10 percent owner
Matlinpatterson Asset Management Llc	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
Bruce Rohde	director	843 SOUTH 96 STREET, OMAHA NE 68114
Robert A Gerard	director	161 DUANE ST, NEW YORK NY 10013
Henry S Bienen	director	C/O NORTHWESTERN UNIVERSITY, 375 E CHICAGO AVE, ROOM 11-410, CHICAGO IL 60611
Marshall A Cohen	director	1700 E PUTNAM AVE, SUITE 400, OLD GREENWICH CT 06870
Victor E Mandel	director	PO BOX 5962, WASHINGTON DC 20016
Frank Plimpton	director	MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVE, NEW YORK NY 10022-4213
Mast Capital Management, Llc	10 percent owner	31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
David J. Steinberg	10 percent owner	C/O MAST CAPITAL MANAGEMENT, LLC, 31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
George C Mcnamee	director	FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990

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