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Preferred Commerce (Preferred Commerce) Total Current Liabilities : $9.83 Mil (As of Nov. 2015)


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What is Preferred Commerce Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Preferred Commerce's total current liabilities for the quarter that ended in Nov. 2015 was $9.83

Preferred Commerce Total Current Liabilities Historical Data

The historical data trend for Preferred Commerce's Total Current Liabilities 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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Preferred Commerce Total Current Liabilities Chart

Preferred Commerce Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov14 Nov15
Total Current Liabilities
Get a 7-Day Free Trial 0.10 0.27 0.38 7.92 9.83

Preferred Commerce Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov14 Nov15
Total Current Liabilities Get a 7-Day Free Trial 0.10 0.27 0.38 7.92 9.83

Preferred Commerce Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Preferred Commerce's Total Current Liabilities for the fiscal year that ended in Nov. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.412+4.394
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+0.022
=9.83

Preferred Commerce's Total Current Liabilities for the quarter that ended in Nov. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.412+4.394
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+0.022
=9.83

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Preferred Commerce Total Current Liabilities Related Terms

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Preferred Commerce (Preferred Commerce) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414
Website
http://www.preferredcommerce.com
Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.