Simclar (Simclar) Accounts Payable & Accrued Expense : $16.3 Mil (As of Sep. 2008)

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What is Simclar Accounts Payable & Accrued Expense?

Simclar's quarterly accounts payable & accrued expense declined from Mar. 2008 ($21.6 Mil) to Jun. 2008 ($18.5 Mil) and declined from Jun. 2008 ($18.5 Mil) to Sep. 2008 ($16.3 Mil).

Simclar's annual accounts payable & accrued expense increased from Dec. 2005 ($12.9 Mil) to Dec. 2006 ($18.1 Mil) and increased from Dec. 2006 ($18.1 Mil) to Dec. 2007 ($23.4 Mil).

Simclar Accounts Payable & Accrued Expense Historical Data

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

Simclar Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

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Dec07

Accounts Payable & Accrued Expense

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3.88

6.54

12.94

18.14

23.36

Simclar Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															26.25	23.36	21.57	18.49	16.34

Simclar 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.

Simclar (Simclar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Simclar Inc (OTCPK:SIMC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2230 West 77th Street, Hialeah, FL, USA, 33016

Website

http://www.simclar.com

Simclar Inc is a contract manufacturer of electronic and electro mechanical products, providing electronics manufacturing services to original equipment manufacturers.

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