Abaxx Technologies (NEOE:ABXX) Accounts Payable & Accrued Expense : C$5.82 Mil (As of Dec. 2023)

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What is Abaxx Technologies Accounts Payable & Accrued Expense?

Abaxx Technologies's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$3.45 Mil) to Sep. 2023 (C$3.91 Mil) and increased from Sep. 2023 (C$3.91 Mil) to Dec. 2023 (C$5.82 Mil).

Abaxx Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (C$1.35 Mil) to Dec. 2022 (C$3.20 Mil) and increased from Dec. 2022 (C$3.20 Mil) to Dec. 2023 (C$5.82 Mil).

Abaxx Technologies Accounts Payable & Accrued Expense Historical Data

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

Abaxx Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.26

3.21

1.35

3.20

5.82

Abaxx Technologies Quarterly Data
	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													3.20	3.74	3.45	3.91	5.82

Abaxx 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.

Abaxx Technologies (NEOE:ABXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Abaxx Technologies Inc (NEOE:ABXX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ABXXF:USA 36N:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.abaxx.tech

Abaxx Technologies Inc is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions easier and more secure. The company's initial focus is on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically-settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy. Abaxx's vision is to build Smarter Markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges that everyone faces as a society, including climate change and the energy transition.

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