Oak Ridge Financial Services (Oak Ridge Financial Services) Accounts Payable & Accrued Expense : $0.09 Mil (As of Jun. 2013)

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What is Oak Ridge Financial Services Accounts Payable & Accrued Expense?

Oak Ridge Financial Services's quarterly accounts payable & accrued expense declined from Dec. 2012 ($0.09 Mil) to Mar. 2013 ($0.09 Mil) and declined from Mar. 2013 ($0.09 Mil) to Jun. 2013 ($0.09 Mil).

Oak Ridge Financial Services's annual accounts payable & accrued expense declined from Dec. 2010 ($0.17 Mil) to Dec. 2011 ($0.12 Mil) and declined from Dec. 2011 ($0.12 Mil) to Dec. 2012 ($0.09 Mil).

Oak Ridge Financial Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oak Ridge Financial Services'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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Oak Ridge Financial Services Accounts Payable & Accrued Expense Chart

Oak Ridge Financial Services Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Payable & Accrued Expense

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0.50

0.30

0.17

0.12

0.09

Oak Ridge Financial Services Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.12	0.12	0.09	0.09	0.09

Oak Ridge Financial Services 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.

Oak Ridge Financial Services (Oak Ridge Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oak Ridge Financial Services Inc (OTCPK:BKOR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8050 Fogleman Road, Oak Ridge, MN, USA, 27310

Website

https://www.oakridgefinancial.com

Oak Ridge Financial Services Inc is the holding company. The company is an independent, full-service financial services firm providing private client and investment banking services to individual, institutional and corporate customers.

Executives

Stanley Tennant

director

2211 OAK RIDGE ROAD, OAK RIDGE NC 27310