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INHD (Inno Holdings) Accounts Payable & Accrued Expense : $0.56 Mil (As of Sep. 2024)


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What is Inno Holdings Accounts Payable & Accrued Expense?

Inno Holdings's quarterly accounts payable & accrued expense declined from Mar. 2024 ($1.56 Mil) to Jun. 2024 ($0.50 Mil) but then increased from Jun. 2024 ($0.50 Mil) to Sep. 2024 ($0.56 Mil).

Inno Holdings's annual accounts payable & accrued expense increased from Sep. 2022 ($1.00 Mil) to Sep. 2023 ($1.91 Mil) but then declined from Sep. 2023 ($1.91 Mil) to Sep. 2024 ($0.56 Mil).

Inno Holdings Accounts Payable & Accrued Expense Historical Data

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

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Accounts Payable & Accrued Expense
0.11 1.00 1.91 0.56

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.91 1.70 1.56 0.50 0.56

Inno Holdings 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.

Inno Holdings Business Description

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Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.