C-Comtellite Systems (C-Comtellite Systems) Accounts Payable & Accrued Expense : $0.95 Mil (As of Feb. 2024)

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What is C-Comtellite Systems Accounts Payable & Accrued Expense?

C-Comtellite Systems's quarterly accounts payable & accrued expense declined from Aug. 2023 ($1.10 Mil) to Nov. 2023 ($0.65 Mil) but then increased from Nov. 2023 ($0.65 Mil) to Feb. 2024 ($0.95 Mil).

C-Comtellite Systems's annual accounts payable & accrued expense declined from Nov. 2021 ($1.34 Mil) to Nov. 2022 ($0.84 Mil) and declined from Nov. 2022 ($0.84 Mil) to Nov. 2023 ($0.65 Mil).

C-Comtellite Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for C-Comtellite 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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C-Comtellite Systems Accounts Payable & Accrued Expense Chart

C-Comtellite Systems Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.53

0.62

1.34

0.84

0.65

C-Comtellite Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.90	0.39	1.10	0.65	0.95

C-Comtellite 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.

C-Comtellite Systems (C-Comtellite Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C-Com Satellite Systems Inc (OTCPK:CYSNF) » Definitions » Accounts Payable & Accrued Expense

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CMI:Canada

Address

2574 Sheffield Road, Ottawa, ON, CAN, K1B 3V7

Website

https://www.c-comsat.com

C-Com Satellite Systems Inc. is a Canadian based company. It is engaged in the designing, development, and manufacturing of mobile satellite-based antenna systems. The product portfolio comprises Driveaway antennas, Flyaway antennas, Fixed motorized antennas and others Geographically, the group has a business presence in Canada, Singapore, Europe, Asia, the US and other countries.

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