VECTr Systems (VECTr Systems) Accounts Payable & Accrued Expense : $0.28 Mil (As of Sep. 2007)

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What is VECTr Systems Accounts Payable & Accrued Expense?

VECTr Systems's quarterly accounts payable & accrued expense declined from Mar. 2007 ($0.52 Mil) to Jun. 2007 ($0.29 Mil) and declined from Jun. 2007 ($0.29 Mil) to Sep. 2007 ($0.28 Mil).

VECTr Systems's annual accounts payable & accrued expense declined from Dec. 2004 ($0.41 Mil) to Dec. 2005 ($0.32 Mil) but then increased from Dec. 2005 ($0.32 Mil) to Dec. 2006 ($0.33 Mil).

VECTr Systems Accounts Payable & Accrued Expense Historical Data

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

VECTr Systems Annual Data

Trend

Dec04

Dec05

Dec06

Accounts Payable & Accrued Expense

0.41

0.32

0.33

VECTr Systems Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.23	0.33	0.52	0.29	0.28

VECTr Systems 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.