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Mobile Lads (Mobile Lads) Accounts Payable & Accrued Expense : $0.21 Mil (As of Jul. 2016)


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What is Mobile Lads Accounts Payable & Accrued Expense?

Mobile Lads's quarterly accounts payable & accrued expense declined from Jan. 2016 ($0.40 Mil) to Apr. 2016 ($0.18 Mil) but then increased from Apr. 2016 ($0.18 Mil) to Jul. 2016 ($0.21 Mil).

Mobile Lads's annual accounts payable & accrued expense declined from Apr. 2013 ($0.01 Mil) to Apr. 2014 ($0.00 Mil) but then increased from Apr. 2014 ($0.00 Mil) to Apr. 2015 ($0.02 Mil).

Mobile Lads Accounts Payable & Accrued Expense Historical Data

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

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Accounts Payable & Accrued Expense
0.01 - 0.02

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.32 0.49 0.40 0.18 0.21

Mobile Lads 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.

Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.