Meta Materials (FRA:V00) Accounts Payable & Accrued Expense : €13.38 Mil (As of Mar. 2024)

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What is Meta Materials Accounts Payable & Accrued Expense?

Meta Materials's quarterly accounts payable & accrued expense increased from Sep. 2023 (€10.65 Mil) to Dec. 2023 (€17.15 Mil) but then declined from Dec. 2023 (€17.15 Mil) to Mar. 2024 (€13.38 Mil).

Meta Materials's annual accounts payable & accrued expense increased from Dec. 2021 (€11.80 Mil) to Dec. 2022 (€15.76 Mil) and increased from Dec. 2022 (€15.76 Mil) to Dec. 2023 (€17.15 Mil).

Meta Materials Accounts Payable & Accrued Expense Historical Data

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

Meta Materials Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.62

11.80

15.76

17.15

Meta Materials Quarterly Data
	Dec19	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												14.73	11.64	10.65	17.15	13.38

Meta Materials 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.

Meta Materials (FRA:V00) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Meta Materials Inc (FRA:V00) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MMAT:USA

Address

60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9

Website

https://www.metamaterial.com

Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.

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