EQTEC (LSE:EQT) Accounts Payable & Accrued Expense : £1.69 Mil (As of Dec. 2023)

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What is EQTEC Accounts Payable & Accrued Expense?

EQTEC's quarterly accounts payable & accrued expense increased from Dec. 2022 (£3.96 Mil) to Jun. 2023 (£4.90 Mil) but then declined from Jun. 2023 (£4.90 Mil) to Dec. 2023 (£1.69 Mil).

EQTEC's annual accounts payable & accrued expense declined from Dec. 2021 (£4.96 Mil) to Dec. 2022 (£3.96 Mil) and declined from Dec. 2022 (£3.96 Mil) to Dec. 2023 (£1.69 Mil).

EQTEC Accounts Payable & Accrued Expense Historical Data

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

EQTEC Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.30

2.23

4.96

3.96

1.69

EQTEC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.96	5.42	3.96	4.90	1.69

EQTEC 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.

EQTEC Business Description

Industry

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KEU:Germany

Address

Building 1000, City Gate, Mahon, Cork, IRL, T12 W7CV

Website

https://www.eqtec.com

EQTEC PLC is a developer of clean energy infrastructure focused on reducing greenhouse gas emissions and wastes through gasification technologies. The company provides solutions to manage rising levels of waste and meet the growing demand for clean energy the group design and supplies advanced gasification solutions and have a higher efficiency product offering that is modular and scalable from 1MW to 30MW and the solutions produce synthesis gas (syngas), that can be used for the widest applications in the generation of clean energy, hydrogen, and biofuels, enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG, and other energy production.