Wolverine Bancorp (Wolverine Bancorp) Accounts Payable & Accrued Expense : $7.00 Mil (As of Jun. 2017)

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What is Wolverine Bancorp Accounts Payable & Accrued Expense?

Wolverine Bancorp's quarterly accounts payable & accrued expense declined from Dec. 2016 ($5.91 Mil) to Mar. 2017 ($3.75 Mil) but then increased from Mar. 2017 ($3.75 Mil) to Jun. 2017 ($7.00 Mil).

Wolverine Bancorp's annual accounts payable & accrued expense increased from Dec. 2014 ($1.56 Mil) to Dec. 2015 ($4.63 Mil) and increased from Dec. 2015 ($4.63 Mil) to Dec. 2016 ($5.91 Mil).

Wolverine Bancorp Accounts Payable & Accrued Expense Historical Data

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

Wolverine Bancorp Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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2.34

2.46

1.56

4.63

5.91

Wolverine Bancorp Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.56	3.03	5.91	3.75	7.00

Wolverine Bancorp 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.

Wolverine Bancorp (Wolverine Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wolverine Bancorp Inc (NAS:WBKC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wolverinebank.com

Wolverine Bancorp Inc, through its subsidiaries, provides financial services to individuals, families, and businesses in the Great Lakes Bay Region of Michigan and to a lesser extent throughout all of Michigan.

Executives

Howard I Ungerleider	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Eric P. Blackhurst	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Fvp Master Fund Lp	10 percent owner	FVP GP LLC, 551 FIFTH AVENUE, 36TH FLOOR, New York NY 10176
Firefly Value Partners, Lp	10 percent owner	426 PINEVILLE ROAD, UNIT 1, NEWTOWN PA 18940
Fvp Gp, Llc	10 percent owner	C/O FIREFLY VALUE PARTNERS, LP, 551 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10176
Firefly Management Co Gp, Llc	10 percent owner	C/O FIREFLY VALUE PARTNERS, LP, 551 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10176
Ryan Heslop	10 percent owner	C/O FIREFLY VALUE PARTNERS, LP, 551 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10176
Ariel Warszawski	10 percent owner	C/O FIREFLY VALUE PARTNERS, LP, 551 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10176

Wolverine Bancorp (Wolverine Bancorp) Headlines

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