Vitreous Glass (Vitreous Glass) Accounts Payable & Accrued Expense : $0.44 Mil (As of Dec. 2023)

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What is Vitreous Glass Accounts Payable & Accrued Expense?

Vitreous Glass's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.57 Mil) to Sep. 2023 ($0.62 Mil) but then declined from Sep. 2023 ($0.62 Mil) to Dec. 2023 ($0.44 Mil).

Vitreous Glass's annual accounts payable & accrued expense increased from Sep. 2021 ($0.56 Mil) to Sep. 2022 ($0.62 Mil) and increased from Sep. 2022 ($0.62 Mil) to Sep. 2023 ($0.62 Mil).

Vitreous Glass Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vitreous Glass'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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Vitreous Glass Accounts Payable & Accrued Expense Chart

Vitreous Glass Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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0.69

0.73

0.56

0.62

Vitreous Glass Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.65	0.57	0.57	0.62	0.44

Vitreous Glass 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.

Vitreous Glass (Vitreous Glass) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vitreous Glass Inc (OTCPK:VCIGF) » Definitions » Accounts Payable & Accrued Expense

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VCI:Canada

Address

212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5

Website

https://www.vitreousglass.ca

Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

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