Elektros (Elektros) Accounts Payable & Accrued Expense : $0.65 Mil (As of Nov. 2018)

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What is Elektros Accounts Payable & Accrued Expense?

Elektros's quarterly accounts payable & accrued expense declined from May. 2018 ($1.66 Mil) to Aug. 2018 ($0.65 Mil) and declined from Aug. 2018 ($0.65 Mil) to Nov. 2018 ($0.65 Mil).

Elektros's annual accounts payable & accrued expense declined from May. 2016 ($1.94 Mil) to May. 2017 ($1.20 Mil) but then increased from May. 2017 ($1.20 Mil) to May. 2018 ($1.66 Mil).

Elektros Accounts Payable & Accrued Expense Historical Data

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

Elektros Annual Data

Trend

Apr12

May13

May14

May15

May16

May17

May18

Accounts Payable & Accrued Expense

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0.18

0.71

1.94

1.20

1.66

Elektros Quarterly Data
	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.02	1.80	1.66	0.65	0.65

Elektros 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.