Towerstream (Towerstream) Accounts Payable & Accrued Expense : $0.99 Mil (As of Dec. 2018)

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What is Towerstream Accounts Payable & Accrued Expense?

Towerstream's quarterly accounts payable & accrued expense declined from Jun. 2018 ($2.02 Mil) to Sep. 2018 ($1.03 Mil) and declined from Sep. 2018 ($1.03 Mil) to Dec. 2018 ($0.99 Mil).

Towerstream's annual accounts payable & accrued expense increased from Dec. 2016 ($1.24 Mil) to Dec. 2017 ($3.50 Mil) but then declined from Dec. 2017 ($3.50 Mil) to Dec. 2018 ($0.99 Mil).

Towerstream Accounts Payable & Accrued Expense Historical Data

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

Towerstream Annual Data

Trend

Dec09

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Dec18

Accounts Payable & Accrued Expense

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2.05

1.96

1.24

3.50

0.99

Towerstream Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.50	2.43	2.02	1.03	0.99

Towerstream 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.

Towerstream (Towerstream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Towerstream Corp (OTCPK:TWER) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hammarlund Way, Middletown, RI, USA, 02842

Website

http://www.towerstream.com

Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.

Executives

William John Bush	director	539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler	director	C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega	officer: Chief Executive Officer	18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson	director, officer: President and CEO	5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon	officer: Chief Financial Officer	1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii	officer: Chief Financial Officer	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190