Arax Holdings (Arax Holdings) Accounts Payable & Accrued Expense

: $0.23 Mil (As of Jul. 2023)

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Arax Holdings's quarterly accounts payable & accrued expense increased from Jan. 2023 ($0.09 Mil) to Apr. 2023 ($0.10 Mil) and increased from Apr. 2023 ($0.10 Mil) to Jul. 2023 ($0.23 Mil).

Arax Holdings's annual accounts payable & accrued expense increased from Oct. 2020 ($0.00 Mil) to Oct. 2021 ($0.03 Mil) and increased from Oct. 2021 ($0.03 Mil) to Oct. 2022 ($0.18 Mil).

Arax Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arax Holdings'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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Arax Holdings Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct20

Oct21

Oct22

Accounts Payable & Accrued Expense

0.04

0.03

0.18

Arax Holdings Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Accounts Payable & Accrued Expense																0.07	0.18	0.09	0.10	0.23

Arax Holdings 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.

Arax Holdings (Arax Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arax Holdings Corp (OTCPK:ARAT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 North Gould Street, Sheridan, WY, USA, 82801

Website

https://www.arax.cc

Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

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