Avante (Avante) Accounts Payable & Accrued Expense : $2.73 Mil (As of Dec. 2023)

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What is Avante Accounts Payable & Accrued Expense?

Avante's quarterly accounts payable & accrued expense declined from Mar. 2023 ($3.07 Mil) to Sep. 2023 ($2.49 Mil) but then increased from Sep. 2023 ($2.49 Mil) to Dec. 2023 ($2.73 Mil).

Avante's annual accounts payable & accrued expense declined from Mar. 2021 ($8.30 Mil) to Mar. 2022 ($4.87 Mil) and declined from Mar. 2022 ($4.87 Mil) to Mar. 2023 ($3.07 Mil).

Avante Accounts Payable & Accrued Expense Historical Data

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

Avante Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5.07

7.27

8.30

4.87

3.07

Avante Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.97	2.92	3.07	2.49	2.73

Avante 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.

Avante (Avante) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avante Corp (OTCPK:ALXXF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

XX:Canada

Address

1959 Leslie Street, Toronto, ON, CAN, M3B 2M3

Website

https://www.avantelogixx.com

Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.