Virtutone Networks (Virtutone Networks) Accounts Payable & Accrued Expense : $22.62 Mil (As of Oct. 2014)

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What is Virtutone Networks Accounts Payable & Accrued Expense?

Virtutone Networks's quarterly accounts payable & accrued expense increased from Apr. 2014 ($7.22 Mil) to Jul. 2014 ($12.04 Mil) and increased from Jul. 2014 ($12.04 Mil) to Oct. 2014 ($22.62 Mil).

Virtutone Networks's annual accounts payable & accrued expense increased from Jan. 2012 ($0.28 Mil) to Jan. 2013 ($0.29 Mil) and increased from Jan. 2013 ($0.29 Mil) to Jan. 2014 ($2.72 Mil).

Virtutone Networks Accounts Payable & Accrued Expense Historical Data

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

Virtutone Networks Annual Data

Trend

Mar06

Mar07

Mar08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Accounts Payable & Accrued Expense

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0.15

0.32

0.28

0.29

2.72

Virtutone Networks Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.77	2.72	7.22	12.04	22.62

Virtutone Networks 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.

Virtutone Networks (Virtutone Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Virtutone Networks Inc (OTCPK:VRTWF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.virtutone.com

Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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