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 ADFS Accounts Payable & Accrued Expense is $2.56 Mil as of Sep. 2012.

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

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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.

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.

What does a Accounts Payable & Accrued Expense of $2.56 Mil mean?
American Defense Systems (ADFS) has a Accounts Payable & Accrued Expense of $2.56 Mil as of Sep. 2012. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on American Defense Systems and its competitors.
Is American Defense Systems' Accounts Payable & Accrued Expense too high?
American Defense Systems' current Accounts Payable & Accrued Expense is $2.56 Mil.
How does American Defense Systems' Accounts Payable & Accrued Expense compare to ASDN and MKRS?
American Defense Systems' Accounts Payable & Accrued Expense of $2.56 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Aerospace & Defense company?
A good Accounts Payable & Accrued Expense depends on the Aerospace & Defense industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on American Defense Systems and its competitors. American Defense Systems's current Accounts Payable & Accrued Expense is $2.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Defense Systems stock overvalued right now?
American Defense Systems (ADFS) has a current Accounts Payable & Accrued Expense of $2.56 Mil. The current Accounts Payable & Accrued Expense is $2.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For American Defense Systems (ADFS), the current Accounts Payable & Accrued Expense is $2.56 Mil as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Defense Systems Business Description

Address 3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
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.