Ameritek Ventures (Ameritek Ventures) Accounts Payable & Accrued Expense : $1.15 Mil (As of Mar. 2024)

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What is Ameritek Ventures Accounts Payable & Accrued Expense?

Ameritek Ventures's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1.37 Mil) to Dec. 2023 ($1.53 Mil) but then declined from Dec. 2023 ($1.53 Mil) to Mar. 2024 ($1.15 Mil).

Ameritek Ventures's annual accounts payable & accrued expense increased from May. 2018 ($0.13 Mil) to Dec. 2022 ($1.62 Mil) but then declined from Dec. 2022 ($1.62 Mil) to Dec. 2023 ($1.53 Mil).

Ameritek Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ameritek Ventures'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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Ameritek Ventures Accounts Payable & Accrued Expense Chart

Ameritek Ventures Annual Data

Trend

May11

May12

May13

May14

May15

May16

May17

May18

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.08

0.09

0.13

1.62

1.53

Ameritek Ventures Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.40	1.58	1.37	1.53	1.15

Ameritek Ventures 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.

Ameritek Ventures (Ameritek Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameritek Ventures (OTCPK:ATVK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

https://www.ameritekventures.com

Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.

Executives

Shaun Passley

officer: Chairman, CEO and CFO

201 W. LAKE ST. 135, CH IL 60606

Ameritek Ventures (Ameritek Ventures) Headlines

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