iQSTEL (iQSTEL) Accounts Payable & Accrued Expense : $13.0 Mil (As of Dec. 2023)

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What is iQSTEL Accounts Payable & Accrued Expense?

iQSTEL's quarterly accounts payable & accrued expense increased from Jun. 2023 ($5.4 Mil) to Sep. 2023 ($9.2 Mil) and increased from Sep. 2023 ($9.2 Mil) to Dec. 2023 ($13.0 Mil).

iQSTEL's annual accounts payable & accrued expense increased from Dec. 2021 ($1.8 Mil) to Dec. 2022 ($4.8 Mil) and increased from Dec. 2022 ($4.8 Mil) to Dec. 2023 ($13.0 Mil).

iQSTEL Accounts Payable & Accrued Expense Historical Data

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

iQSTEL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.96

3.04

1.81

4.76

12.99

iQSTEL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.76	5.05	5.39	9.25	12.99

iQSTEL 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.

iQSTEL (iQSTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iQSTEL Inc (OTCPK:IQST) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Aragon Avenue, Suite 375, Coral Gables, FL, USA, 33134

Website

https://www.iqstel.com

iQSTEL Inc is a technology company offering a wide array of services to the telecom and Internet industry. along with its subsidiary the firm offers international long-distance voice services for Tier-1 worldwide telco carriers (ILD Wholesale) and submarine fiber optic network capacity for data carriers and internet service providers both land-based and mobile (4G and 5G). Geographically, it derives a majority of its revenue from the USA.

Executives

Oscar A Brito	director, 10 percent owner	888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131
Carlos Daniel Silva	10 percent owner	MARTIN CORONADO 3260 PISO 2O OF 212, BUENOS AIRES C1 1425
Alvaro Quintana Cardona	director, officer: COO and CFO	18650 NE 28TH CT., AVENTURA FL 33180
Leandro Jose Iglesias	director, 10 percent owner, officer: President, CEO, Chairperson	AVENIDA DE ARTEIXO 21, 1-IZQ, LA CORU?A U3 15004
Lopez Silva Juan Carlos	officer: Chief Commercial Officer	CALLE 99 #56?41 APTO. 602, BARRANQUILLA F8 080014