Qualstar (FRA:QST1) Accounts Payable & Accrued Expense : €0.98 Mil (As of Sep. 2023)

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What is Qualstar Accounts Payable & Accrued Expense?

Qualstar's quarterly accounts payable & accrued expense declined from Mar. 2020 (€1.07 Mil) to Sep. 2022 (€0.00 Mil) but then increased from Sep. 2022 (€0.00 Mil) to Sep. 2023 (€0.98 Mil).

Qualstar's annual accounts payable & accrued expense increased from Dec. 2017 (€1.41 Mil) to Dec. 2018 (€1.55 Mil) but then declined from Dec. 2018 (€1.55 Mil) to Dec. 2019 (€1.43 Mil).

Qualstar Accounts Payable & Accrued Expense Historical Data

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

Qualstar Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Accounts Payable & Accrued Expense

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1.49

1.36

1.41

1.55

1.43

Qualstar Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.73	1.43	1.07	-	0.98

Qualstar 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.

Qualstar (FRA:QST1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (FRA:QST1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

QBAK:USA

Address

1 Jenner, Suite 200, Irvine, CA, USA, 92618

Website

https://www.qualstar.com

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

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