AAC Holdings (AAC Holdings) Accounts Payable & Accrued Expense : $68.5 Mil (As of Sep. 2019)

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What is AAC Holdings Accounts Payable & Accrued Expense?

AAC Holdings's quarterly accounts payable & accrued expense increased from Mar. 2019 ($51.1 Mil) to Jun. 2019 ($53.2 Mil) and increased from Jun. 2019 ($53.2 Mil) to Sep. 2019 ($68.5 Mil).

AAC Holdings's annual accounts payable & accrued expense increased from Dec. 2016 ($26.5 Mil) to Dec. 2017 ($44.2 Mil) but then declined from Dec. 2017 ($44.2 Mil) to Dec. 2018 ($39.2 Mil).

AAC Holdings Accounts Payable & Accrued Expense Historical Data

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

AAC Holdings Annual Data

Trend

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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12.41

29.53

26.51

44.25

39.19

AAC Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															40.33	39.19	51.10	53.24	68.46

AAC Holdings 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.

AAC Holdings (AAC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AAC Holdings Inc (OTCPK:AACH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Powell Place, Brentwood, TN, USA, 37027

Website

http://www.americanaddictioncenters.org

AAC Holdings Inc provides inpatient and outpatient substance use treatment services for individuals with drug addiction, alcohol addiction, and co-occurring mental/behavioral health issues. The company also provides drug testing, diagnostic laboratory services and provides physician services to clients. Its facilities are located throughout the United States, including residential substance abuse treatment facilities, standalone outpatient centers and sober living facilities, that focus on delivering effective clinical care and treatment solutions.

Executives

Burch Lucius E Iii	director	C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
David C Kloeppel	director	C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
W Larry Cash	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067