FairPoint Communications (FairPoint Communications) Accounts Payable & Accrued Expense : $83.6 Mil (As of Mar. 2017)

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What is FairPoint Communications Accounts Payable & Accrued Expense?

FairPoint Communications's quarterly accounts payable & accrued expense increased from Sep. 2016 ($83.4 Mil) to Dec. 2016 ($111.8 Mil) but then declined from Dec. 2016 ($111.8 Mil) to Mar. 2017 ($83.6 Mil).

FairPoint Communications's annual accounts payable & accrued expense declined from Dec. 2014 ($120.3 Mil) to Dec. 2015 ($112.9 Mil) and declined from Dec. 2015 ($112.9 Mil) to Dec. 2016 ($111.8 Mil).

FairPoint Communications Accounts Payable & Accrued Expense Historical Data

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

FairPoint Communications Annual Data

Trend

Dec07

Dec08

Dec09

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Dec11

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Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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100.37

104.10

120.33

112.91

111.82

FairPoint Communications 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															84.81	90.98	83.45	111.82	83.64

FairPoint Communications 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.

FairPoint Communications (FairPoint Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » FairPoint Communications Inc (NAS:FRP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

521 East Morehead Street, Suite 500, Charlotte, NC, USA, 28202

Website

http://www.fairpoint.com

FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C.

Executives

Peter D Aquino	director	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
David L Treadwell	director	222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Edward D Horowitz	director	C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Wayne Wilson	director	29 LAKE AVE., SUNAPEE NH 03782
Ajay Sabherwal	officer: EVP & CFO	C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Angelo Gordon & Co Lp/ny	10 percent owner	245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Michael L Gordon	10 percent owner	C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
John M Angelo	10 percent owner	C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Marathon Asset Management Lp	10 percent owner	ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
David L Hauser	other: Former Officer and Director	704-731-1522, CHARLOTTE NC 28209-4674
Lehman Brothers Holdings Inc	10 percent owner	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Thl Equity Advisors Iv Llc	10 percent owner	C/O THOMAS H. LEE PARTNERS, 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Thomas H. Lee Advisors, Llc	10 percent owner	C/O THOMAS H. LEE PARTNERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Frank K Bynum	director, 10 percent owner	C/O KELSO & CO, 320 PARK AVENUE 24TH FLOOR, NEW YORK NY 10022
Michael B Goldberg	10 percent owner

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