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Thermon Group Holdings Inc  (NYSE:THR) Accounts Payable & Accrued Expense: $23.3 Mil (As of Jun. 2017)

Thermon Group Holdings Inc's quarterly accounts payable & accrued expense increased from Dec. 2016 ($25.8 Mil) to Mar. 2017 ($29.1 Mil) but then declined from Mar. 2017 ($29.1 Mil) to Jun. 2017 ($23.3 Mil).

Thermon Group Holdings Inc's annual accounts payable & accrued expense increased from Mar. 2015 ($36.6 Mil) to Mar. 2016 ($40.4 Mil) but then declined from Mar. 2016 ($40.4 Mil) to Mar. 2017 ($29.1 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Thermon Group Holdings Inc Annual Data

Mar09 Mar10 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only 38.59 27.22 36.64 40.43 29.14

Thermon Group Holdings Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 29.37 29.64 25.85 29.14 23.31

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.


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