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magicJack VocalTec (magicJack VocalTec) Accounts Payable & Accrued Expense : $8.14 Mil (As of Sep. 2018)


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What is magicJack VocalTec Accounts Payable & Accrued Expense?

magicJack VocalTec's quarterly accounts payable & accrued expense increased from Mar. 2018 ($6.15 Mil) to Jun. 2018 ($7.40 Mil) and increased from Jun. 2018 ($7.40 Mil) to Sep. 2018 ($8.14 Mil).

magicJack VocalTec's annual accounts payable & accrued expense increased from Dec. 2015 ($7.37 Mil) to Dec. 2016 ($12.74 Mil) but then declined from Dec. 2016 ($12.74 Mil) to Dec. 2017 ($9.65 Mil).


magicJack VocalTec Accounts Payable & Accrued Expense Historical Data

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

magicJack VocalTec Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 20.48 7.37 12.74 9.65

magicJack VocalTec Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 9.65 6.15 7.40 8.14

magicJack VocalTec 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.


magicJack VocalTec (magicJack VocalTec) Business Description

Traded in Other Exchanges
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Address
magicJack VocalTec Ltd is a cloud communications company. It provides VoIP services including magicJack, magicJack Go and MagicJack Plus. The company owns the United States Wireline-based Telecom company in terms of home phone numbers available and certifications. It also owns softphone, session border controller, app server and chip companies. The company also provides Unified Communication as a Service (UCaaS) for medium-to-large multi-location enterprise customers, through its Broadsmart division.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bell Don Carlos Iii director, officer: President and CEO 3713 SOUTHWESTERN BLVD, DALLAS TX 75225
Jose Gordo officer: Chief Financial Officer C/O YMAX CORPORATION, 5700 GEORGIA AVENUE, WEST PALM BEACH FL 33405
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807

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