ACGX (Alliance Creative Group) Accounts Payable & Accrued Expense : $1.96 Mil (As of Dec. 2018)

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What is Alliance Creative Group Accounts Payable & Accrued Expense?

Alliance Creative Group's quarterly accounts payable & accrued expense declined from Jun. 2018 ($1.84 Mil) to Sep. 2018 ($1.74 Mil) but then increased from Sep. 2018 ($1.74 Mil) to Dec. 2018 ($1.96 Mil).

Alliance Creative Group's annual accounts payable & accrued expense increased from Dec. 2016 ($1.89 Mil) to Dec. 2017 ($2.03 Mil) but then declined from Dec. 2017 ($2.03 Mil) to Dec. 2018 ($1.96 Mil).

Alliance Creative Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alliance Creative Group'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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Alliance Creative Group Accounts Payable & Accrued Expense Chart

Alliance Creative Group Annual Data

Trend

Dec05

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Dec07

Dec12

Dec13

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Dec18

Accounts Payable & Accrued Expense

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1.07

1.35

1.89

2.03

1.96

Alliance Creative Group Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.03	2.16	1.84	1.74	1.96

Alliance Creative Group 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.

Alliance Creative Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Alliance Creative Group Inc (OTCPK:ACGX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712

Website

https://www.alliancecreativegroup.com

Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.