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Tessco Technologies Other Current Liabilities

Tessco Technologies's other current liabilities is $7.4M.

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Other Current Liabilities
$7.39M
29.25% YoYΔ $-3.05M vs prior year quarter

Peer average / median

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Tessco Technologies Other Current Liabilities History

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Tessco Technologies vs. peers: Other Current Liabilities Comparison

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Tessco Technologies Other Current Liabilities Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Tessco Technologies (TESS) FAQ

Tessco Technologies posts a other current liabilities of $7.4M as of March 2023. That compares with $10M in the prior-year period — down 29.2% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Tessco Technologies's other current liabilities was $10M. The latest reading is $7.4M — a 29.2% year-over-year decrease (period ending March 2023). Use the history and growth charts on this page for a longer lookback.

Other Current Liabilities is one piece of Tessco Technologies's financial statement story. At $7.4M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TESS's other current liabilities usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Tessco Technologies's other metric pages and overview cover the third.

Judging Tessco Technologies against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in other current liabilities easier to interpret. Start with $7.4M here, then scan peer and history charts to see if the gap is persistent.