Cornerstone Financial (Cornerstone Financial) Accounts Payable & Accrued Expense : $4.00 Mil (As of Mar. 2012)

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What is Cornerstone Financial Accounts Payable & Accrued Expense?

Cornerstone Financial's quarterly accounts payable & accrued expense declined from Sep. 2011 ($5.25 Mil) to Dec. 2011 ($0.00 Mil) but then increased from Dec. 2011 ($0.00 Mil) to Mar. 2012 ($4.00 Mil).

Cornerstone Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cornerstone Financial'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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Cornerstone Financial Accounts Payable & Accrued Expense Chart

Cornerstone Financial Annual Data

Trend

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Accounts Payable & Accrued Expense

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Cornerstone Financial Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	1.00	5.25	-	4.00

Cornerstone Financial 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.

Cornerstone Financial (Cornerstone Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Financial Corp (OTCPK:CFIC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054

Website

http://www.cornerstonebanknj.com

Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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