FirsTime Design (FirsTime Design) Accounts Payable & Accrued Expense : $0.90 Mil (As of Dec. 2012)

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What is FirsTime Design Accounts Payable & Accrued Expense?

FirsTime Design's quarterly accounts payable & accrued expense increased from Jun. 2012 ($0.69 Mil) to Sep. 2012 ($1.10 Mil) but then declined from Sep. 2012 ($1.10 Mil) to Dec. 2012 ($0.90 Mil).

FirsTime Design's annual accounts payable & accrued expense increased from Dec. 2010 ($0.52 Mil) to Dec. 2011 ($0.64 Mil) and increased from Dec. 2011 ($0.64 Mil) to Dec. 2012 ($0.90 Mil).

FirsTime Design Accounts Payable & Accrued Expense Historical Data

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

FirsTime Design Annual Data

Trend

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Dec12

Accounts Payable & Accrued Expense

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1.30

0.70

0.52

0.64

0.90

FirsTime Design Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.64	0.55	0.69	1.10	0.90

FirsTime Design 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.

FirsTime Design (FirsTime Design) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » FirsTime Design Ltd (OTCPK:FTDL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072

Website

https://www.firstime.com

FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.

Executives