Excel (EXCC) Accounts Payable & Accrued Expense : $2.43 Mil (As of Jun. 2017)

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What is Excel Accounts Payable & Accrued Expense?

Excel's quarterly accounts payable & accrued expense increased from Dec. 2016 ($1.18 Mil) to Mar. 2017 ($1.19 Mil) and increased from Mar. 2017 ($1.19 Mil) to Jun. 2017 ($2.43 Mil).

Excel's annual accounts payable & accrued expense increased from Dec. 2014 ($1.23 Mil) to Dec. 2015 ($2.21 Mil) but then declined from Dec. 2015 ($2.21 Mil) to Dec. 2016 ($1.18 Mil).

Excel Accounts Payable & Accrued Expense Historical Data

The historical data trend for Excel'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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Excel Accounts Payable & Accrued Expense Chart

Excel Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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0.14

0.31

1.23

2.21

1.18

Excel Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.38	3.58	1.18	1.19	2.43

Excel 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.

Excel (EXCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Corp (OTCPK:EXCC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6363 North State Highway 161, Suite 310, Irving, TX, USA, 75038

Website

http://www.excelcorpusa.com

Excel Corp provides financial and transaction processing services to small and medium-sized businesses throughout the United States. Its primary operations focus on the merchant processing and servicing business as a single source provider for virtually all types of merchant payment processing needs. Through its subsidiary it offers merchant account processing solutions, together with the latest physical site and cloud-based technologies, designed to meet the needs of each industry segment the company services, and offer a variety of credit, debit, gift, and loyalty card processing options and equipment to scale with the distinctive business plans of each client. Geographically activities are performed through Denmark, US.

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