Cal Bay International (Cal Bay International) Accounts Payable & Accrued Expense : $0.01 Mil (As of Sep. 2006)

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What is Cal Bay International Accounts Payable & Accrued Expense?

Cal Bay International's quarterly accounts payable & accrued expense increased from Mar. 2006 ($0.00 Mil) to Jun. 2006 ($0.59 Mil) but then declined from Jun. 2006 ($0.59 Mil) to Sep. 2006 ($0.01 Mil).

Cal Bay International's annual accounts payable & accrued expense declined from Dec. 2003 ($0.06 Mil) to Dec. 2004 ($0.04 Mil) and declined from Dec. 2004 ($0.04 Mil) to Dec. 2005 ($0.01 Mil).

Cal Bay International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cal Bay International'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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Cal Bay International Accounts Payable & Accrued Expense Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Accounts Payable & Accrued Expense

0.03

0.02

0.06

0.04

0.01

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	0.01	-	0.59	0.01

Cal Bay International 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.

Cal Bay International (Cal Bay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website

https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.