FRTN (Fortran) Accounts Payable: $0.98 Mil (As of Jun. 2008)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Fortran Accounts Payable?

Fortran FRTN Accounts Payable is $0.98 Mil as of Jun. 2008.

Fortran's Accounts Payable for the quarter that ended in Jun. 2008 was $0.98 Mil.

Fortran's quarterly Accounts Payable increased from Dec. 2007 ($1.22 Mil) to Mar. 2008 ($1.45 Mil) but then declined from Mar. 2008 ($1.45 Mil) to Jun. 2008 ($0.98 Mil).

Fortran's annual Accounts Payable declined from Dec. 2005 ($1.43 Mil) to Dec. 2006 ($1.22 Mil) but then stayed the same from Dec. 2006 ($1.22 Mil) to Dec. 2007 ($1.22 Mil).

Fortran Accounts Payable Historical Data

* Premium members only.

The historical data trend for Fortran's Accounts Payable 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.

Fortran Accounts Payable Chart

Fortran Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.47 1.43 1.22 1.22

Fortran Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Accounts Payable 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 1.34 1.60 1.22 1.45 0.98

Fortran Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $0.98 Mil mean?
Fortran (FRTN) has a Accounts Payable of $0.98 Mil as of Jun. 2008. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortran and its competitors.
Is Fortran's Accounts Payable too high?
Fortran's current Accounts Payable is $0.98 Mil.
How does Fortran's Accounts Payable compare to FULO and TWER?
Fortran's Accounts Payable of $0.98 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Telecommunication Services company?
A good Accounts Payable depends on the Telecommunication Services industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortran and its competitors. Fortran's current Accounts Payable is $0.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortran stock overvalued right now?
Fortran (FRTN) has a current Accounts Payable of $0.98 Mil. The current Accounts Payable is $0.98 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Fortran (FRTN), the current Accounts Payable is $0.98 Mil as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fortran Business Description

Address 324 US 70 S.W, Hickory, NC, USA, 28602
Fortran Corp is engaged in the sales, installation, and service of telecommunication systems in North Carolina, South Carolina, and Florida. It generates revenue through designing, sourcing, implementing, and maintaining complex telecommunications solutions. The company is focused on converting the historical and traditional Telecom business model to a Telecom-As-A-Service (TaaS) and is comprised of engineering and design, network services, technical certifications, regional sales teams, remote monitoring, on-site service, dedicated sales, and support.