Market Cap : 18.8 B | Enterprise Value : 18.15 B | PE Ratio : 98.82 | PB Ratio : 9.70 |
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Tyler Technologies's quarterly accounts payable & accrued expense increased from Jun. 2020 (USD65 Mil) to Sep. 2020 (USD93 Mil) and increased from Sep. 2020 (USD93 Mil) to Dec. 2020 (USD97 Mil).
Tyler Technologies's annual accounts payable & accrued expense increased from Dec. 2018 (USD73 Mil) to Dec. 2019 (USD90 Mil) and increased from Dec. 2019 (USD90 Mil) to Dec. 2020 (USD97 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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