eFleets (eFleets) Accounts Payable & Accrued Expense : $1.90 Mil (As of Jun. 2014)

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What is eFleets Accounts Payable & Accrued Expense?

eFleets's quarterly accounts payable & accrued expense increased from Dec. 2013 ($1.56 Mil) to Mar. 2014 ($1.64 Mil) and increased from Mar. 2014 ($1.64 Mil) to Jun. 2014 ($1.90 Mil).

eFleets's annual accounts payable & accrued expense increased from May. 2011 ($0.05 Mil) to May. 2012 ($0.06 Mil) and increased from May. 2012 ($0.06 Mil) to Dec. 2013 ($1.56 Mil).

eFleets Accounts Payable & Accrued Expense Historical Data

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

eFleets Annual Data

Trend

May09

May10

May11

May12

Dec13

Accounts Payable & Accrued Expense

0.01

0.02

0.05

0.06

1.56

eFleets Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	Jun13	Sep13	Dec13	Mar14	Jun14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.99	1.46	1.56	1.64	1.90

eFleets 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.

eFleets (eFleets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » eFleets Corp (GREY:EFLT) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

7660 Pebble Drive, Fort Worth, TX, USA, 76118

Website

eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

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