Span-America Medical Systems (Span-America Medical Systems) Accounts Payable & Accrued Expense : $4.93 Mil (As of Mar. 2017)

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What is Span-America Medical Systems Accounts Payable & Accrued Expense?

Span-America Medical Systems's quarterly accounts payable & accrued expense declined from Sep. 2016 ($5.99 Mil) to Dec. 2016 ($5.32 Mil) and declined from Dec. 2016 ($5.32 Mil) to Mar. 2017 ($4.93 Mil).

Span-America Medical Systems's annual accounts payable & accrued expense increased from Sep. 2014 ($4.53 Mil) to Sep. 2015 ($7.16 Mil) but then declined from Sep. 2015 ($7.16 Mil) to Sep. 2016 ($5.99 Mil).

Span-America Medical Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Span-America Medical Systems'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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Span-America Medical Systems Accounts Payable & Accrued Expense Chart

Span-America Medical Systems Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Accounts Payable & Accrued Expense

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6.72

5.53

4.53

7.16

5.99

Span-America Medical Systems Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.60	5.00	5.99	5.32	4.93

Span-America Medical Systems 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.

Span-America Medical Systems (Span-America Medical Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Span-America Medical Systems Inc (NAS:SPAN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spanamerica.com

Span-America Medical Systems Inc was incorporated under the laws of the state of South Carolina on September 21, 1970. The Company manufactures and distributes therapeutic support surfaces, mattress overlays, patient positioners, seating cushions, skin care products and fall prevention products for the medical market and pillows, mattress pads and various foam products for the custom products market throughout the United States and Canada. Its operations are divided into two main business units or segments: medical and custom products. The Company's main medical products consist of polyurethane foam mattress overlays, therapeutic support surfaces (which consist of non-powered and powered therapeutic support surfaces) and patient positioners as well as Selan (r) skin care, seating and fall protection products. The Company's custom products segment includes two product lines namely consumer bedding products and various engineered industrial products. The Company's consumer product line consists mainly of convoluted and contour-cut mattress overlays and specially designed pillows for the consumer bedding market. It sells these products mainly in North America to customers in the segments of the health care market, including acute care hospitals, long-term care facilities and home health care providers. The Company's manufacturing operations are subject to various government regulations pertaining to the discharge of materials into the environment.

Executives

Terry Allison Rappuhn	director	P O BOX 58062, NASHVILLE TN 37205
Thomas Joseph Sullivan	director	64 PETTIT PL PRINCETON NJ 08540
Robert B Johnston	director

Span-America Medical Systems (Span-America Medical Systems) Headlines

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