Avant Technologies (Avant Technologies) Accounts Payable & Accrued Expense : $0.88 Mil (As of Dec. 2023)

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What is Avant Technologies Accounts Payable & Accrued Expense?

Avant Technologies's quarterly accounts payable & accrued expense declined from Jun. 2023 ($0.58 Mil) to Sep. 2023 ($0.55 Mil) but then increased from Sep. 2023 ($0.55 Mil) to Dec. 2023 ($0.88 Mil).

Avant Technologies's annual accounts payable & accrued expense declined from Mar. 2021 ($0.35 Mil) to Mar. 2022 ($0.20 Mil) but then increased from Mar. 2022 ($0.20 Mil) to Mar. 2023 ($0.24 Mil).

Avant Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avant 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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Avant Technologies Accounts Payable & Accrued Expense Chart

Avant Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.01

0.06

0.35

0.20

0.24

Avant Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.29	0.24	0.58	0.55	0.88

Avant 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.

Avant Technologies (Avant Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Technologies Inc (OTCPK:AVAI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

C/o Eastbiz.com, Inc, 5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.trendinnovationsholding.com

Avant Technologies Inc Formerly Trend Innovations Holding Inc has developed an application for people who value their time and desire to stay up to date. It develops a platform for users who cook at home and want to sell their food on the Internet and home-cooked food lovers. It also provides news applications with feeds from various sources that users can choose and customize. Through its subsidiary, it also provides Information Technology (IT) services.