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ADFS (American Defense Systems) Accounts Payable & Accrued Expense : $2.56 Mil (As of Sep. 2012)


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What is American Defense Systems Accounts Payable & Accrued Expense?

American Defense Systems's quarterly accounts payable & accrued expense increased from Mar. 2012 ($2.71 Mil) to Jun. 2012 ($2.97 Mil) but then declined from Jun. 2012 ($2.97 Mil) to Sep. 2012 ($2.56 Mil).

American Defense Systems's annual accounts payable & accrued expense declined from Dec. 2009 ($7.20 Mil) to Dec. 2010 ($3.62 Mil) and declined from Dec. 2010 ($3.62 Mil) to Dec. 2011 ($3.35 Mil).

American Defense Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for American Defense 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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American Defense Systems Accounts Payable & Accrued Expense Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 6.17 3.24 7.20 3.62 3.35

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 3.41 3.35 2.71 2.97 2.56

American Defense 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.

American Defense Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » American Defense Systems Inc (OTCPK:ADFS) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
Website
http://www.adsiarmor.com
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.
Executives
R Atticus Lowe 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001