Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Accounts Payable & Accrued Expense : $1.57 Mil (As of Apr. 2009)

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What is Cortelco Systems Puerto Rico Accounts Payable & Accrued Expense?

Cortelco Systems Puerto Rico's quarterly accounts payable & accrued expense declined from Oct. 2008 ($1.84 Mil) to Jan. 2009 ($1.68 Mil) and declined from Jan. 2009 ($1.68 Mil) to Apr. 2009 ($1.57 Mil).

Cortelco Systems Puerto Rico's annual accounts payable & accrued expense increased from Jul. 2006 ($0.88 Mil) to Jul. 2007 ($1.32 Mil) and increased from Jul. 2007 ($1.32 Mil) to Jul. 2008 ($1.32 Mil).

Cortelco Systems Puerto Rico Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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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Cortelco Systems Puerto Rico Accounts Payable & Accrued Expense Chart

Cortelco Systems Puerto Rico Annual Data

Trend

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Accounts Payable & Accrued Expense

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1.30

0.78

0.88

1.32

Cortelco Systems Puerto Rico Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.58	1.32	1.84	1.68	1.57

Cortelco Systems Puerto Rico 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.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cortelco Systems Puerto Rico Inc (OTCPK:CPROF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076

Website

http://www.cortelcopr.net

Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Headlines

From GuruFocus

Cortelco Systems Puerto Rico, Inc. Board of Directors Authorizes Dividend

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