Optigenex (Optigenex) Accounts Payable & Accrued Expense : $0.42 Mil (As of Jun. 2008)

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What is Optigenex Accounts Payable & Accrued Expense?

Optigenex's quarterly accounts payable & accrued expense increased from Dec. 2007 ($0.39 Mil) to Mar. 2008 ($0.56 Mil) but then declined from Mar. 2008 ($0.56 Mil) to Jun. 2008 ($0.42 Mil).

Optigenex's annual accounts payable & accrued expense increased from Dec. 2005 ($0.52 Mil) to Dec. 2006 ($0.52 Mil) but then declined from Dec. 2006 ($0.52 Mil) to Dec. 2007 ($0.39 Mil).

Optigenex Accounts Payable & Accrued Expense Historical Data

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

Optigenex Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Accounts Payable & Accrued Expense

1.10

0.52

0.39

Optigenex Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											0.77	0.85	0.39	0.56	0.42

Optigenex 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.

Optigenex (Optigenex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Optigenex Inc (OTCPK:OPGX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Sam Rayburn Highway, Melissa, TX, USA, 75454

Website

http://www.optigenex.com

Optigenex Inc is an applied sciences company dedicated to solutions for healthy age management. The company offers AC-11, a powdered and bioactive rainforest plant extract that helps the body to repair sun and environmental stress-related damage to DNA, and slow down the process of skin aging.

Executives

Richard S Serbin

director, 10 percent owner, officer: CEO, President & Secretary

750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK NY 10022

Optigenex (Optigenex) Headlines

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