Identillect Technologies (Identillect Technologies) Accounts Payable & Accrued Expense : $0.51 Mil (As of Sep. 2023)

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What is Identillect Technologies Accounts Payable & Accrued Expense?

Identillect Technologies's quarterly accounts payable & accrued expense increased from Mar. 2023 ($0.42 Mil) to Jun. 2023 ($0.49 Mil) and increased from Jun. 2023 ($0.49 Mil) to Sep. 2023 ($0.51 Mil).

Identillect Technologies's annual accounts payable & accrued expense increased from Dec. 2020 ($0.68 Mil) to Dec. 2021 ($0.70 Mil) but then declined from Dec. 2021 ($0.70 Mil) to Dec. 2022 ($0.39 Mil).

Identillect Technologies Accounts Payable & Accrued Expense Historical Data

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

Identillect Technologies Annual Data

Trend

Jul13

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.27

0.55

0.68

0.70

0.39

Identillect Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.43	0.39	0.42	0.49	0.51

Identillect 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.

Identillect Technologies (Identillect Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Identillect Technologies Corp (OTCPK:IDTLF) » Definitions » Accounts Payable & Accrued Expense

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8ID:Germany ID:Canada

Address

609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.identillect.com

Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers a Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.