Network 1 Financial Group (Network 1 Financial Group) Accounts Payable & Accrued Expense : $0.34 Mil (As of Mar. 2012)

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What is Network 1 Financial Group Accounts Payable & Accrued Expense?

Network 1 Financial Group's quarterly accounts payable & accrued expense increased from Sep. 2011 ($0.19 Mil) to Dec. 2011 ($0.28 Mil) and increased from Dec. 2011 ($0.28 Mil) to Mar. 2012 ($0.34 Mil).

Network 1 Financial Group's annual accounts payable & accrued expense increased from Jun. 2009 ($0.07 Mil) to Jun. 2010 ($0.28 Mil) but then declined from Jun. 2010 ($0.28 Mil) to Jun. 2011 ($0.25 Mil).

Network 1 Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Network 1 Financial 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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Network 1 Financial Group Accounts Payable & Accrued Expense Chart

Network 1 Financial Group Annual Data

Trend

Dec02

Dec03

Dec04

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Dec06

Dec07

Dec08

Jun09

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Jun11

Accounts Payable & Accrued Expense

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0.01

0.07

0.28

0.25

Network 1 Financial Group Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.08	0.25	0.19	0.28	0.34

Network 1 Financial 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.

Network 1 Financial Group (Network 1 Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Network 1 Financial Group Inc (OTCPK:NTFL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701

Website

http://www.network1financial.com

Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission the State of Texas and various other states. The company's clients include high net worth individuals from many countries, institutional investors, managed pension funds and hedge funds.