GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LICT Corp (OTCPK:LICT) » Definitions » Accounts Payable & Accrued Expense

LICT (LICT) Accounts Payable & Accrued Expense : $13.5 Mil (As of Dec. 2018)


View and export this data going back to 1999. Start your Free Trial

What is LICT Accounts Payable & Accrued Expense?

LICT's quarterly accounts payable & accrued expense increased from Jun. 2018 ($10.9 Mil) to Sep. 2018 ($13.3 Mil) and increased from Sep. 2018 ($13.3 Mil) to Dec. 2018 ($13.5 Mil).

LICT's annual accounts payable & accrued expense declined from Dec. 2016 ($10.2 Mil) to Dec. 2017 ($8.3 Mil) but then increased from Dec. 2017 ($8.3 Mil) to Dec. 2018 ($13.5 Mil).


LICT Accounts Payable & Accrued Expense Historical Data

The historical data trend for LICT'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.

* Premium members only.

LICT Accounts Payable & Accrued Expense Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 6.87 10.24 8.35 13.47

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 8.35 8.99 10.87 13.28 13.47

LICT 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.


LICT (LICT) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chief Executive Officer 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director, other: Resigned as director 5-6-04 401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno director, other: Resigned as director on2-20-04 TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership 10 percent owner

LICT (LICT) Headlines

From GuruFocus

Wally Weitz's Hickory Fund 3rd-Quarter Commentary

By Sydnee Gatewood Sydnee Gatewood 10-22-2019

Wally Weitz's Hickory Fund 3rd-Quarter Letter

By Sydnee Gatewood 10-25-2021

Sidoti Virtual Investor Conference

By ACCESSWIRE ACCESSWIRE 09-23-2020