Trine Acquisition (Trine Acquisition) Accounts Payable & Accrued Expense : $2.68 Mil (As of Sep. 2020)

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What is Trine Acquisition Accounts Payable & Accrued Expense?

Trine Acquisition's quarterly accounts payable & accrued expense declined from Mar. 2020 ($0.39 Mil) to Jun. 2020 ($0.29 Mil) but then increased from Jun. 2020 ($0.29 Mil) to Sep. 2020 ($2.68 Mil).

Trine Acquisition's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2018 ($0.05 Mil) and increased from Dec. 2018 ($0.05 Mil) to Dec. 2019 ($0.30 Mil).

Trine Acquisition Accounts Payable & Accrued Expense Historical Data

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

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Accounts Payable & Accrued Expense

0.05

0.30

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.20	0.30	0.39	0.29	2.68

Trine Acquisition 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.

Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.