Arqit Quantum (Arqit Quantum) Accounts Payable & Accrued Expense : $18.81 Mil (As of Sep. 2023)

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What is Arqit Quantum Accounts Payable & Accrued Expense?

Arqit Quantum's quarterly accounts payable & accrued expense declined from Sep. 2022 ($22.43 Mil) to Mar. 2023 ($19.20 Mil) and declined from Mar. 2023 ($19.20 Mil) to Sep. 2023 ($18.81 Mil).

Arqit Quantum's annual accounts payable & accrued expense increased from Sep. 2021 ($14.41 Mil) to Sep. 2022 ($22.43 Mil) but then declined from Sep. 2022 ($22.43 Mil) to Sep. 2023 ($18.81 Mil).

Arqit Quantum Accounts Payable & Accrued Expense Historical Data

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

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

2.31

0.83

14.41

22.43

18.81

Arqit Quantum Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			14.41	18.95	22.43	19.20	18.81

Arqit Quantum 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.

Arqit Quantum (Arqit Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.