SOFT (SofTech) Current Accrued Expense: $0.57 Mil (As of Nov. 2016)

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What is SofTech Current Accrued Expense?

SofTech SOFT +100.00% Current Accrued Expense is $0.57 Mil as of Nov. 2016.

SofTech's Current Accrued Expense for the quarter that ended in Nov. 2016 was $0.57 Mil.

SofTech's quarterly Current Accrued Expense increased from May. 2016 ($0.32 Mil) to Aug. 2016 ($0.48 Mil) and increased from Aug. 2016 ($0.48 Mil) to Nov. 2016 ($0.57 Mil).

SofTech's annual Current Accrued Expense declined from May. 2014 ($0.50 Mil) to May. 2015 ($0.28 Mil) but then increased from May. 2015 ($0.28 Mil) to May. 2016 ($0.32 Mil).

SofTech Current Accrued Expense Historical Data

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The historical data trend for SofTech's Current 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.

SofTech Current Accrued Expense Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.60 0.50 0.28 0.32

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Current 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 0.39 0.36 0.32 0.48 0.57

SofTech Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.57 Mil mean?
SofTech (SOFT) has a Current Accrued Expense of $0.57 Mil as of Nov. 2016. Current Accrued Expense records the total amount of accrued expenses. View historical data on SofTech and its competitors.
Is SofTech's Current Accrued Expense too high?
SofTech's current Current Accrued Expense is $0.57 Mil.
How does SofTech's Current Accrued Expense compare to RETC and AGGG?
SofTech's Current Accrued Expense of $0.57 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 Current Accrued Expense for a Software company?
A good Current Accrued Expense depends on the Software industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on SofTech and its competitors. SofTech's current Current Accrued Expense is $0.57 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 Current Accrued Expense of $0.57 Mil. The current Current Accrued Expense is $0.57 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For SofTech (SOFT), the current Current Accrued Expense is $0.57 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.