Modern Mobility Aids (Modern Mobility Aids) Accounts Payable & Accrued Expense : $0.43 Mil (As of Mar. 2015)

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What is Modern Mobility Aids Accounts Payable & Accrued Expense?

Modern Mobility Aids's quarterly accounts payable & accrued expense declined from Sep. 2014 ($0.42 Mil) to Dec. 2014 ($0.36 Mil) but then increased from Dec. 2014 ($0.36 Mil) to Mar. 2015 ($0.43 Mil).

Modern Mobility Aids's annual accounts payable & accrued expense increased from Jun. 2012 ($0.47 Mil) to Jun. 2013 ($0.52 Mil) and increased from Jun. 2013 ($0.52 Mil) to Jun. 2014 ($0.71 Mil).

Modern Mobility Aids Accounts Payable & Accrued Expense Historical Data

The historical data trend for Modern Mobility Aids'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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Modern Mobility Aids Accounts Payable & Accrued Expense Chart

Modern Mobility Aids Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Accounts Payable & Accrued Expense

0.01

0.12

0.47

0.52

0.71

Modern Mobility Aids Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.58	0.71	0.42	0.36	0.43

Modern Mobility Aids 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.

Modern Mobility Aids (Modern Mobility Aids) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Modern Mobility Aids Inc (OTCPK:MDRM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Bramsteele Road, Brampton, ON, CAN, L6W3K6

Website

https://www.modernmobilityaids.com

Modern Mobility Aids Inc plays a vital role in fostering telehealth innovation, driving technological advancements, and improving access to healthcare services. It is focused on investing in people, products, and ventures that challenge and disrupt the telehealth category.