Ascent Solar Technologies (FRA:A8M0) Accounts Payable & Accrued Expense : €4.13 Mil (As of Mar. 2024)

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What is Ascent Solar Technologies Accounts Payable & Accrued Expense?

Ascent Solar Technologies's quarterly accounts payable & accrued expense declined from Sep. 2023 (€4.32 Mil) to Dec. 2023 (€3.51 Mil) but then increased from Dec. 2023 (€3.51 Mil) to Mar. 2024 (€4.13 Mil).

Ascent Solar Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (€1.91 Mil) to Dec. 2022 (€3.59 Mil) but then declined from Dec. 2022 (€3.59 Mil) to Dec. 2023 (€3.51 Mil).

Ascent Solar Technologies Accounts Payable & Accrued Expense Historical Data

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

Ascent Solar Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.27

2.33

1.91

3.59

3.51

Ascent Solar Technologies 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															3.94	3.83	4.32	3.51	4.13

Ascent Solar 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.

Ascent Solar Technologies (FRA:A8M0) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ascent Solar Technologies Inc (FRA:A8M0) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ASTI:USA

Address

12300 Grant Street, Thornton, CO, USA, 80241

Website

http://www.ascentsolar.com

Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. The company is integrating its PV products into scalable and high-value markets such as agrivoltaics, aerospace, satellites, near-earth orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). Ascent is also working to expand its portable solar chargers, such as the XD-12. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.

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