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Adamant Holding (Adamant Holding) Accounts Payable & Accrued Expense : $0.18 Mil (As of Sep. 2022)


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What is Adamant Holding Accounts Payable & Accrued Expense?

Adamant Holding's quarterly accounts payable & accrued expense declined from Mar. 2022 ($0.40 Mil) to Jun. 2022 ($0.20 Mil) and declined from Jun. 2022 ($0.20 Mil) to Sep. 2022 ($0.18 Mil).

Adamant Holding's annual accounts payable & accrued expense declined from Dec. 2019 ($0.93 Mil) to Dec. 2020 ($0.41 Mil) and declined from Dec. 2020 ($0.41 Mil) to Dec. 2021 ($0.17 Mil).

Adamant Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adamant Holding'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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Adamant Holding Accounts Payable & Accrued Expense Chart

Adamant Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial - 0.28 0.93 0.41 0.17

Adamant Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.22 0.17 0.40 0.20 0.18

Adamant Holding 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.

Adamant Holding (Adamant Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Adamant Holding Inc (OTCPK:UCCPF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
1200-750 West Pender Street, Vancouver, BC, CAN, V6C 2T8
Website
https://www.adamantglobal.com
Adamant Holding Inc is a Canadian cloud-based mobile service company. It provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. It is a licensed telecom carrier within the international VoIP (voice over IP) wholesale business. It has designed a software application that helps send invoices, approves payments, transfers international funds, converts international currencies, and track transfers and payments. The company is operating in one segment which is Telecommunications Wholesale Services.