DAC Technologies Group International (DAC Technologies Group International) Accounts Payable & Accrued Expense : $1.53 Mil (As of Sep. 2010)

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What is DAC Technologies Group International Accounts Payable & Accrued Expense?

DAC Technologies Group International's quarterly accounts payable & accrued expense increased from Mar. 2010 ($0.27 Mil) to Jun. 2010 ($1.10 Mil) and increased from Jun. 2010 ($1.10 Mil) to Sep. 2010 ($1.53 Mil).

DAC Technologies Group International's annual accounts payable & accrued expense declined from Dec. 2007 ($2.46 Mil) to Dec. 2008 ($1.00 Mil) but then increased from Dec. 2008 ($1.00 Mil) to Dec. 2009 ($1.02 Mil).

DAC Technologies Group International Accounts Payable & Accrued Expense Historical Data

The historical data trend for DAC Technologies Group International'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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DAC Technologies Group International Accounts Payable & Accrued Expense Chart

DAC Technologies Group International Annual Data

Trend

Dec00

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Dec02

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Accounts Payable & Accrued Expense

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1.04

1.71

2.46

1.00

1.02

DAC Technologies Group International Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.44	1.02	0.27	1.10	1.53

DAC Technologies Group International 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.

DAC Technologies Group International (DAC Technologies Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DAC Technologies Group International Inc (OTCPK:DAAT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Gamble Road, Suite One, Little Rock, AR, USA, 72211

Website

http://www.dactec.com

DAC Technologies Group International Inc is a manufacturer and supplier of gun cleaning kits, gunsmithing tools and accessories, and wide assortment of gun locks.

Executives

Praetorian Capital Management Llc

10 percent owner

3271 RIVIERA DRIVE, CORAL GABLES FL 33134

DAC Technologies Group International (DAC Technologies Group International) Headlines

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DAC Technologies Group (DAAT)

By voisin Frank Voisin • 02-17-2011