Solar Energy Initiatives (Solar Energy Initiatives) Accounts Payable & Accrued Expense : $1.15 Mil (As of Apr. 2013)

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What is Solar Energy Initiatives Accounts Payable & Accrued Expense?

Solar Energy Initiatives's quarterly accounts payable & accrued expense declined from Oct. 2012 ($2.04 Mil) to Jan. 2013 ($1.20 Mil) and declined from Jan. 2013 ($1.20 Mil) to Apr. 2013 ($1.15 Mil).

Solar Energy Initiatives's annual accounts payable & accrued expense declined from Jul. 2010 ($1.55 Mil) to Jul. 2011 ($1.17 Mil) but then increased from Jul. 2011 ($1.17 Mil) to Jul. 2012 ($2.00 Mil).

Solar Energy Initiatives Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solar Energy Initiatives'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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Solar Energy Initiatives Accounts Payable & Accrued Expense Chart

Solar Energy Initiatives Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Jul11

Jul12

Accounts Payable & Accrued Expense

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0.08

1.12

1.55

1.17

2.00

Solar Energy Initiatives Quarterly Data
	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.22	2.00	2.04	1.20	1.15

Solar Energy Initiatives 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.

Solar Energy Initiatives (Solar Energy Initiatives) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Solar Energy Initiatives Inc (OTCPK:SNRY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2245 Texas Drive, Suite 300, Sugar Land, TX, USA, 77479

Website

https://www.solar-initiatives.com

Solar Energy Initiatives Inc offers cybersecurity simulation and educational content - the tools to mitigate vulnerabilities and bolster cyber defense.

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