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Desert Control AS (Desert Control AS) Accounts Payable & Accrued Expense : $0.27 Mil (As of Mar. 2024)


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What is Desert Control AS Accounts Payable & Accrued Expense?

Desert Control AS's quarterly accounts payable & accrued expense declined from Sep. 2023 ($0.35 Mil) to Dec. 2023 ($0.26 Mil) but then increased from Dec. 2023 ($0.26 Mil) to Mar. 2024 ($0.27 Mil).

Desert Control AS's annual accounts payable & accrued expense increased from Dec. 2021 ($0.40 Mil) to Dec. 2022 ($0.60 Mil) but then declined from Dec. 2022 ($0.60 Mil) to Dec. 2023 ($0.26 Mil).

Desert Control AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Desert Control AS'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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Desert Control AS Accounts Payable & Accrued Expense Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.34 0.14 0.40 0.60 0.26

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.37 0.35 0.26 0.27

Desert Control AS 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.

Desert Control AS (Desert Control AS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Desert Control AS (GREY:DRTFF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
DSRT:Norway 8KT:Germany
Address
Grenseveien 21, Sandnes, NOR, 4313
Website
https://www.desertcontrol.com
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.