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Precision Auto Care (Precision Auto Care) Accounts Payable & Accrued Expense : $1.75 Mil (As of Mar. 2017)


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What is Precision Auto Care Accounts Payable & Accrued Expense?

Precision Auto Care's quarterly accounts payable & accrued expense declined from Sep. 2016 ($1.78 Mil) to Dec. 2016 ($1.46 Mil) but then increased from Dec. 2016 ($1.46 Mil) to Mar. 2017 ($1.75 Mil).

Precision Auto Care's annual accounts payable & accrued expense declined from Jun. 2014 ($2.38 Mil) to Jun. 2015 ($1.94 Mil) and declined from Jun. 2015 ($1.94 Mil) to Jun. 2016 ($1.83 Mil).


Precision Auto Care Accounts Payable & Accrued Expense Historical Data

The historical data trend for Precision Auto Care'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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Precision Auto Care Accounts Payable & Accrued Expense Chart

Precision Auto Care Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun14 Jun15 Jun16
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.67 2.38 1.94 1.83

Precision Auto Care Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 1.83 1.78 1.46 1.75

Precision Auto Care 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.


Precision Auto Care (Precision Auto Care) Business Description

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Precision Auto Care Inc provides automotive maintenance services. The company's operations include Precision Tune Auto Care, an international franchisor of automotive service centers; Precision Auto Wash, an operator and franchisor of self-service car wash centers; and Precision Lube Express, an operator and franchisor of oil change and lube centers. Precision Auto Care also distributes automotive parts, equipment, and supplies.