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STEER Technologies (STEER Technologies) Accounts Payable & Accrued Expense : $6.07 Mil (As of Sep. 2023)


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What is STEER Technologies Accounts Payable & Accrued Expense?

STEER Technologies's quarterly accounts payable & accrued expense increased from Mar. 2023 ($5.09 Mil) to Jun. 2023 ($5.33 Mil) and increased from Jun. 2023 ($5.33 Mil) to Sep. 2023 ($6.07 Mil).

STEER Technologies's annual accounts payable & accrued expense increased from Dec. 2020 ($3.07 Mil) to Dec. 2021 ($5.72 Mil) and increased from Dec. 2021 ($5.72 Mil) to Dec. 2022 ($7.41 Mil).

STEER Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for STEER Technologies'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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STEER Technologies Accounts Payable & Accrued Expense Chart

STEER Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
0.01 0.57 3.07 5.72 7.41

STEER Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.34 7.41 5.09 5.33 6.07

STEER Technologies 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.

STEER Technologies (STEER Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » STEER Technologies Inc (OTCPK:STEEF) » Definitions » Accounts Payable & Accrued Expense
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H1Y:Germany STER:Canada
Address
44 East Beaver Creek Road, Unit 16, Richmond Hill, ON, CAN, L4B 1G8
Website
https://www.steeresg.com
STEER Technologies Inc is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The company's goal is to build a one-of-a-kind system that aggregates conscientious users and enables them to buy, sell, or invest with the same platform. STEER offerings generally fall into two categories namely subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating B2B marketplace, Delivery-as-a-Service (DaaS), and rideshare businesses. The company's platform is powered by EcoCRED, it's analytics and machine learning engine which seeks to capture, analyze, parse, and report on key data points to measure the carbon impact.