Lite Access Technologies (Lite Access Technologies) Accounts Payable & Accrued Expense : $1.89 Mil (As of Dec. 2023)

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What is Lite Access Technologies Accounts Payable & Accrued Expense?

Lite Access Technologies's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1.55 Mil) to Sep. 2023 ($1.68 Mil) and increased from Sep. 2023 ($1.68 Mil) to Dec. 2023 ($1.89 Mil).

Lite Access Technologies's annual accounts payable & accrued expense increased from Sep. 2021 ($1.87 Mil) to Sep. 2022 ($1.88 Mil) but then declined from Sep. 2022 ($1.88 Mil) to Sep. 2023 ($1.68 Mil).

Lite Access Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lite Access 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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Lite Access Technologies Accounts Payable & Accrued Expense Chart

Lite Access Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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1.03

6.85

1.87

1.88

1.68

Lite Access Technologies 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															1.76	1.72	1.55	1.68	1.89

Lite Access 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.

Lite Access Technologies (Lite Access Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite Access Technologies Inc (OTCPK:LTCCF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4

Website

https://www.liteaccess.com

Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (Lite Access Technologies) Headlines

From GuruFocus

Lite Access Awarded Rural Fibre Optic Deployment Contract from Gigaclear for West Oxfordshire, United Kingdom

By PRNewswire PRNewswire • 03-23-2018