KRKNF (Kraken Robotics) Accounts Payable & Accrued Expense : $11.65 Mil (As of Jun. 2024)

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What is Kraken Robotics Accounts Payable & Accrued Expense?

Kraken Robotics's quarterly accounts payable & accrued expense declined from Dec. 2023 ($12.90 Mil) to Mar. 2024 ($12.23 Mil) and declined from Mar. 2024 ($12.23 Mil) to Jun. 2024 ($11.65 Mil).

Kraken Robotics's annual accounts payable & accrued expense declined from Dec. 2021 ($8.37 Mil) to Dec. 2022 ($8.27 Mil) but then increased from Dec. 2022 ($8.27 Mil) to Dec. 2023 ($12.90 Mil).

Kraken Robotics Accounts Payable & Accrued Expense Historical Data

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

Kraken Robotics Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.75

3.67

8.37

8.27

12.90

Kraken Robotics Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.78	10.48	12.90	12.23	11.65

Kraken Robotics 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.

Kraken Robotics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kraken Robotics Inc (OTCPK:KRKNF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2KQ:Germany PNG:Canada

Address

189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6

Website

https://www.krakenrobotics.com

Kraken Robotics Inc is a Canadian company engaged in the design, manufacture and sale of software-centric sensors and underwater robotic systems. It operates in the business segments of Sensors and Platforms which is the design, manufacture, and sale and provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platform; and Power which is the design, manufacture, and sale of subsea power equipment such as drives, thrusters, and batteries. A majority of the revenue is derived from the Sensors and Platforms segment. Geographically, the group generates revenue from Canada, the United States, Europe and other countries.

Kraken Robotics Headlines

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