Paragon Financial Solutions (Paragon Financial Solutions) Accounts Payable & Accrued Expense : $2.96 Mil (As of Mar. 2008)

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What is Paragon Financial Solutions Accounts Payable & Accrued Expense?

Paragon Financial Solutions's quarterly accounts payable & accrued expense increased from Sep. 2007 ($2.39 Mil) to Dec. 2007 ($2.73 Mil) and increased from Dec. 2007 ($2.73 Mil) to Mar. 2008 ($2.96 Mil).

Paragon Financial Solutions's annual accounts payable & accrued expense increased from Dec. 2005 ($0.92 Mil) to Dec. 2006 ($1.93 Mil) and increased from Dec. 2006 ($1.93 Mil) to Dec. 2007 ($2.73 Mil).

Paragon Financial Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Paragon Financial Solutions'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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Paragon Financial Solutions Accounts Payable & Accrued Expense Chart

Paragon Financial Solutions Annual Data

Trend

Dec05

Dec06

Dec07

Accounts Payable & Accrued Expense

0.92

1.93

2.73

Paragon Financial Solutions Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							2.15	2.37	2.39	2.73	2.96

Paragon Financial Solutions 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.

Paragon Financial Solutions (Paragon Financial Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Financial Solutions Inc (OTCPK:PGNN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Poplar Avenue, Suite 350, Memphis, TN, USA, 38119

Website

https://www.bankparagon.com

Paragon Financial Solutions Inc provides small and mid-sized businesses, along with their owners and executives, with a complete package of banking solutions delivered both in-person and online. The company provides Cash Management Solutions; Commerical Lending; Personal Checking Accounts; Mortgages; Private Banking and others.

Paragon Financial Solutions (Paragon Financial Solutions) Headlines

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