SOFT (SofTech) Accounts Payable: $0.32 Mil (As of Nov. 2016)

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What is SofTech Accounts Payable?

SofTech SOFT +100.00% Accounts Payable is $0.32 Mil as of Nov. 2016.

SofTech's Accounts Payable for the quarter that ended in Nov. 2016 was $0.32 Mil.

SofTech's quarterly Accounts Payable increased from May. 2016 ($0.18 Mil) to Aug. 2016 ($0.22 Mil) and increased from Aug. 2016 ($0.22 Mil) to Nov. 2016 ($0.32 Mil).

SofTech's annual Accounts Payable declined from May. 2014 ($0.48 Mil) to May. 2015 ($0.14 Mil) but then increased from May. 2015 ($0.14 Mil) to May. 2016 ($0.18 Mil).

SofTech Accounts Payable Historical Data

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The historical data trend for SofTech's Accounts Payable 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.

SofTech Accounts Payable Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.14 0.48 0.14 0.18

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Accounts Payable 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 0.27 0.28 0.18 0.22 0.32

SofTech Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $0.32 Mil mean?
SofTech (SOFT) has a Accounts Payable of $0.32 Mil as of Nov. 2016. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on SofTech and its competitors.
Is SofTech's Accounts Payable too high?
SofTech's current Accounts Payable is $0.32 Mil.
How does SofTech's Accounts Payable compare to RETC and AGGG?
SofTech's Accounts Payable of $0.32 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Software company?
A good Accounts Payable depends on the Software industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on SofTech and its competitors. SofTech's current Accounts Payable is $0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SofTech stock overvalued right now?
SofTech (SOFT) has a current Accounts Payable of $0.32 Mil. The current Accounts Payable is $0.32 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For SofTech (SOFT), the current Accounts Payable is $0.32 Mil as of Nov. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SofTech Business Description

Address 650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.