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LQWD Technologies (LQWD Technologies) Accounts Payable & Accrued Expense : $0.07 Mil (As of Nov. 2023)


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What is LQWD Technologies Accounts Payable & Accrued Expense?

LQWD Technologies's quarterly accounts payable & accrued expense declined from May. 2023 ($0.11 Mil) to Aug. 2023 ($0.06 Mil) but then increased from Aug. 2023 ($0.06 Mil) to Nov. 2023 ($0.07 Mil).

LQWD Technologies's annual accounts payable & accrued expense increased from Feb. 2021 ($0.07 Mil) to Feb. 2022 ($0.32 Mil) but then declined from Feb. 2022 ($0.32 Mil) to Feb. 2023 ($0.16 Mil).


LQWD Technologies Accounts Payable & Accrued Expense Historical Data

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

LQWD Technologies Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.07 0.32 0.16

LQWD Technologies Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.16 0.11 0.06 0.07

LQWD Technologies 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.


LQWD Technologies (LQWD Technologies) Business Description

Industry
Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Vancouver, BC, CAN, V6E 3S7
LQWD Technologies Corp is developing software, which enables the setup of nodes and payment channels on the Bitcoin Lightning Network. The Lightning Network is a layer two technology that dramatically improves bitcoin's scalability, transaction fees, and settlement times.