Nuran Wireless (XCNQ:NUR) Accounts Payable & Accrued Expense : C$8.59 Mil (As of Sep. 2023)

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What is Nuran Wireless Accounts Payable & Accrued Expense?

Nuran Wireless's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$6.73 Mil) to Mar. 2023 (C$8.01 Mil) and increased from Mar. 2023 (C$8.01 Mil) to Sep. 2023 (C$8.59 Mil).

Nuran Wireless's annual accounts payable & accrued expense declined from Oct. 2019 (C$2.16 Mil) to Oct. 2020 (C$2.11 Mil) but then increased from Oct. 2020 (C$2.11 Mil) to Dec. 2022 (C$6.73 Mil).

Nuran Wireless Accounts Payable & Accrued Expense Historical Data

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

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Accounts Payable & Accrued Expense

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2.70

2.27

2.16

2.11

6.73

Nuran Wireless Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.22	5.78	6.73	8.01	8.59

Nuran Wireless 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.

Nuran Wireless (XCNQ:NUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

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NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

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