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APT Systems (APT Systems) Accounts Payable & Accrued Expense : $0.50 Mil (As of Oct. 2018)


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What is APT Systems Accounts Payable & Accrued Expense?

APT Systems's quarterly accounts payable & accrued expense increased from Apr. 2018 ($0.17 Mil) to Jul. 2018 ($0.42 Mil) and increased from Jul. 2018 ($0.42 Mil) to Oct. 2018 ($0.50 Mil).

APT Systems's annual accounts payable & accrued expense increased from Jan. 2016 ($0.09 Mil) to Jan. 2017 ($0.11 Mil) and increased from Jan. 2017 ($0.11 Mil) to Jan. 2018 ($0.16 Mil).


APT Systems Accounts Payable & Accrued Expense Historical Data

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

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.04 0.05 0.09 0.11 0.16

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.16 0.17 0.42 0.50

APT Systems 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.


APT Systems (APT Systems) Business Description

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Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.