Alphinat (Alphinat) Accounts Payable & Accrued Expense : $0.72 Mil (As of May. 2023)

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What is Alphinat Accounts Payable & Accrued Expense?

Alphinat's quarterly accounts payable & accrued expense declined from Nov. 2022 ($0.71 Mil) to Feb. 2023 ($0.71 Mil) but then increased from Feb. 2023 ($0.71 Mil) to May. 2023 ($0.72 Mil).

Alphinat's annual accounts payable & accrued expense increased from Aug. 2020 ($0.65 Mil) to Aug. 2021 ($0.78 Mil) but then declined from Aug. 2021 ($0.78 Mil) to Aug. 2022 ($0.74 Mil).

Alphinat Accounts Payable & Accrued Expense Historical Data

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

Alphinat Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Accounts Payable & Accrued Expense

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0.65

0.64

0.65

0.78

0.74

Alphinat Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.68	0.74	0.71	0.71	0.72

Alphinat 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.

Alphinat (Alphinat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alphinat Inc (OTCPK:APHTF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5

Website

https://www.alphinat.com

Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.