Cuentas (Cuentas) Accounts Payable & Accrued Expense : $2.11 Mil (As of Mar. 2024)

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What is Cuentas Accounts Payable & Accrued Expense?

Cuentas's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1.41 Mil) to Dec. 2023 ($3.73 Mil) but then declined from Dec. 2023 ($3.73 Mil) to Mar. 2024 ($2.11 Mil).

Cuentas's annual accounts payable & accrued expense declined from Dec. 2021 ($1.94 Mil) to Dec. 2022 ($1.91 Mil) but then increased from Dec. 2022 ($1.91 Mil) to Dec. 2023 ($3.73 Mil).

Cuentas Accounts Payable & Accrued Expense Historical Data

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

Cuentas Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.28

4.91

1.94

1.91

3.73

Cuentas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.22	1.29	1.41	3.73	2.11

Cuentas 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.

Cuentas (Cuentas) Business Description

Industry

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

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CUEN:USA

Address

235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139

Website

https://www.cuentas.com

Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.