Environmental Clean Technologies (ASX:ECT) Accounts Payable & Accrued Expense : A$0.48 Mil (As of Dec. 2023)

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What is Environmental Clean Technologies Accounts Payable & Accrued Expense?

Environmental Clean Technologies's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.29 Mil) to Jun. 2023 (A$0.69 Mil) but then declined from Jun. 2023 (A$0.69 Mil) to Dec. 2023 (A$0.48 Mil).

Environmental Clean Technologies's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.76 Mil) to Jun. 2022 (A$0.68 Mil) but then increased from Jun. 2022 (A$0.68 Mil) to Jun. 2023 (A$0.69 Mil).

Environmental Clean Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Environmental Clean Technologies'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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Environmental Clean Technologies Accounts Payable & Accrued Expense Chart

Environmental Clean Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.56

0.13

1.76

0.68

0.69

Environmental Clean Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.93	0.68	0.29	0.69	0.48

Environmental Clean Technologies 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.

Environmental Clean Technologies (ASX:ECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Environmental Clean Technologies Ltd (ASX:ECT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

209 Toorak Road, Suite 37, South Yarra, VIC, AUS, 3141

Website

https://www.ectltd.com.au

Environmental Clean Technologies Ltd is in the business of commercializing coal and iron-making technologies, which are capable of delivering both financial and environmental benefits. Its activities include the following processes: Coldry Process and Hydromor Process. The Coldry process is the company's first technology to be commercially viable as an economic method of dewatering brown coal to produce a black coal equivalent. Hydromor is a clean, low-emission, one-step process for producing high-grade primary iron using low-cost lignite to displace the need for coking coals as used in the incumbent blast furnace process.

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