XFTB (XFit Brands) Current Accrued Expense: $0.12 Mil (As of Dec. 2016)

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What is XFit Brands Current Accrued Expense?

XFit Brands XFTB Current Accrued Expense is $0.12 Mil as of Dec. 2016.

XFit Brands's Current Accrued Expense for the quarter that ended in Dec. 2016 was $0.12 Mil.

XFit Brands's quarterly Current Accrued Expense increased from Jun. 2016 ($0.17 Mil) to Sep. 2016 ($0.29 Mil) but then declined from Sep. 2016 ($0.29 Mil) to Dec. 2016 ($0.12 Mil).

XFit Brands's annual Current Accrued Expense increased from Jun. 2014 ($0.03 Mil) to Jun. 2015 ($0.21 Mil) but then declined from Jun. 2015 ($0.21 Mil) to Jun. 2016 ($0.17 Mil).

XFit Brands Current Accrued Expense Historical Data

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The historical data trend for XFit Brands'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.

XFit Brands Current Accrued Expense Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Current Accrued Expense
0.03 0.21 0.17

XFit Brands Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.10 0.17 0.29 0.12

XFit Brands 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 $0.12 Mil mean?
XFit Brands (XFTB) has a Current Accrued Expense of $0.12 Mil as of Dec. 2016. Current Accrued Expense records the total amount of accrued expenses. View historical data on XFit Brands and its competitors.
Is XFit Brands' Current Accrued Expense too high?
XFit Brands' current Current Accrued Expense is $0.12 Mil.
How does XFit Brands' Current Accrued Expense compare to WESC and QSMG?
XFit Brands' Current Accrued Expense of $0.12 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Current Accrued Expense depends on the Travel & Leisure 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 XFit Brands and its competitors. XFit Brands's current Current Accrued Expense is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Current Accrued Expense of $0.12 Mil. The current Current Accrued Expense is $0.12 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 XFit Brands (XFTB), the current Current Accrued Expense is $0.12 Mil as of Dec. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.