PolarCool AB (XSAT:POLAR) Accounts Payable & Accrued Expense : kr2.36 Mil (As of Dec. 2023)

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What is PolarCool AB Accounts Payable & Accrued Expense?

PolarCool AB's quarterly accounts payable & accrued expense increased from Jun. 2023 (kr2.00 Mil) to Sep. 2023 (kr2.72 Mil) but then declined from Sep. 2023 (kr2.72 Mil) to Dec. 2023 (kr2.36 Mil).

PolarCool AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr0.39 Mil) to Dec. 2022 (kr1.37 Mil) and increased from Dec. 2022 (kr1.37 Mil) to Dec. 2023 (kr2.36 Mil).

PolarCool AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for PolarCool AB'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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PolarCool AB Accounts Payable & Accrued Expense Chart

PolarCool AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.67

1.56

0.39

1.37

2.36

PolarCool AB 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															1.37	1.35	2.00	2.72	2.36

PolarCool AB 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.

PolarCool AB (XSAT:POLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PolarCool AB (XSAT:POLAR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

98H:Germany

Address

Medicon Village, Scheelevagen 2, Lund, SWE, 223 8

Website

http://www.polarcap.com

PolarCool AB is a Sweden based medical device company. It develops, markets, and sells products for sports medicine. The company focuses on the treatment of concussive and sub-concussive brain injury with the portable cooling device PolarCap System. Its device PolarCap is a portable brain cooling device System available for athletes, teams, and organizations.

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