Nextech3d AI (Nextech3d AI) Accounts Payable & Accrued Expense : $2.86 Mil (As of Mar. 2024)

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What is Nextech3d AI Accounts Payable & Accrued Expense?

Nextech3d AI's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2.58 Mil) to Dec. 2023 ($2.63 Mil) and increased from Dec. 2023 ($2.63 Mil) to Mar. 2024 ($2.86 Mil).

Nextech3d AI's annual accounts payable & accrued expense declined from Dec. 2021 ($2.16 Mil) to Dec. 2022 ($1.95 Mil) but then increased from Dec. 2022 ($1.95 Mil) to Dec. 2023 ($2.63 Mil).

Nextech3d AI Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nextech3d AI'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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Nextech3d AI Accounts Payable & Accrued Expense Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.13

1.97

2.16

1.95

2.63

Nextech3d AI Quarterly Data
	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.01	2.94	2.58	2.63	2.86

Nextech3d AI 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.

Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1SS:Germany NTAR:Canada

Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.