FASDF (Fantasy Aces Daily Fantasy Sports) Accounts Payable & Accrued Expense: $0.61 Mil (As of Sep. 2016)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Fantasy Aces Daily Fantasy Sports Accounts Payable & Accrued Expense?

Fantasy Aces Daily Fantasy Sports FASDF Accounts Payable & Accrued Expense is $0.61 Mil as of Sep. 2016.

Fantasy Aces Daily Fantasy Sports's quarterly accounts payable & accrued expense declined from Mar. 2016 ($1.49 Mil) to Jun. 2016 ($0.56 Mil) but then increased from Jun. 2016 ($0.56 Mil) to Sep. 2016 ($0.61 Mil).

Fantasy Aces Daily Fantasy Sports's annual accounts payable & accrued expense increased from Dec. 2013 ($0.10 Mil) to Dec. 2014 ($0.17 Mil) and increased from Dec. 2014 ($0.17 Mil) to Dec. 2015 ($1.25 Mil).

Fantasy Aces Daily Fantasy Sports Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Accounts Payable & Accrued Expense Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.05 0.10 0.17 1.25

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.25 1.49 0.56 0.61

Fantasy Aces Daily Fantasy Sports 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.

What does a Accounts Payable & Accrued Expense of $0.61 Mil mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Accounts Payable & Accrued Expense of $0.61 Mil as of Sep. 2016. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Accounts Payable & Accrued Expense too high?
Fantasy Aces Daily Fantasy Sports' current Accounts Payable & Accrued Expense is $0.61 Mil.
How does Fantasy Aces Daily Fantasy Sports' Accounts Payable & Accrued Expense compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Accounts Payable & Accrued Expense of $0.61 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Interactive Media company?
A good Accounts Payable & Accrued Expense depends on the Interactive Media industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Accounts Payable & Accrued Expense is $0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Accounts Payable & Accrued Expense of $0.61 Mil. The current Accounts Payable & Accrued Expense is $0.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Fantasy Aces Daily Fantasy Sports (FASDF), the current Accounts Payable & Accrued Expense is $0.61 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.