Foodbase Group (Foodbase Group) Accounts Payable & Accrued Expense : $1.81 Mil (As of Sep. 2012)

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What is Foodbase Group Accounts Payable & Accrued Expense?

Foodbase Group's quarterly accounts payable & accrued expense declined from Mar. 2012 ($2.08 Mil) to Jun. 2012 ($1.57 Mil) but then increased from Jun. 2012 ($1.57 Mil) to Sep. 2012 ($1.81 Mil).

Foodbase Group's annual accounts payable & accrued expense increased from Dec. 2009 ($2.87 Mil) to Dec. 2010 ($4.56 Mil) but then declined from Dec. 2010 ($4.56 Mil) to Dec. 2011 ($1.92 Mil).

Foodbase Group Accounts Payable & Accrued Expense Historical Data

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

Foodbase Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Accounts Payable & Accrued Expense

2.87

4.56

1.92

Foodbase Group Quarterly Data
	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												3.46	1.92	2.08	1.57	1.81

Foodbase Group 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.

Foodbase Group (Foodbase Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Foodbase Group Inc (OTCPK:FBGI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4030 Wake Forest Road, Suite 349, Raleigh, NC, USA, 27609

Website

https://www.foodbase.ai

Foodbase Group Inc is engaged in the operation of restaurants. The Company is an international enterprise specializing in research and development, production, sales, and service of dairy products.

Foodbase Group (Foodbase Group) Headlines

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