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FTE Networks (FTE Networks) Accounts Payable & Accrued Expense : $38.5 Mil (As of Sep. 2018)


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What is FTE Networks Accounts Payable & Accrued Expense?

FTE Networks's quarterly accounts payable & accrued expense declined from Mar. 2018 ($53.4 Mil) to Jun. 2018 ($47.4 Mil) and declined from Jun. 2018 ($47.4 Mil) to Sep. 2018 ($38.5 Mil).

FTE Networks's annual accounts payable & accrued expense declined from Sep. 2015 ($4.6 Mil) to Dec. 2016 ($3.4 Mil) but then increased from Dec. 2016 ($3.4 Mil) to Dec. 2017 ($42.6 Mil).

FTE Networks Accounts Payable & Accrued Expense Historical Data

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

FTE Networks Annual Data
Trend Jun06 Jun07 Sep08 Sep09 Sep10 Sep11 Sep14 Sep15 Dec16 Dec17
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 5.00 4.61 3.36 42.61

FTE Networks Quarterly Data
Dec11 Mar12 Jun12 Jun14 Sep14 Dec14 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 38.84 42.61 53.38 47.41 38.52

FTE 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.

FTE Networks (FTE Networks) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
237 West 35th Street, Suite 806, New York, NY, USA, 34108
Website
http://www.ftenet.com
FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.
Executives
Irv Rothman director 3000 HANOVER STREET, PALO ALTO CA 94304
James E. Shiah director 2 PARK AVENUE, NEW YORK NY 10016
Christopher Ferguson director 1866 LEITHSVILLE ROAD, SUITE 223, HALLERTOWN PA 18055
Michael Palleschi director, officer: Chief Executive Officer 1464 PALMA BLANCA CT., NAPLES FL 34119
Henderson J Sherman Iii director PO BOX 34749, LOUISVILLE KY 40232
Richard C Mills officer: President C/O POMEROY COMPUTER RESOURCES INC, 1020 PETERSBURG ROAD, HEBRON KY 41048