R-Three Technologies (R-Three Technologies) Accounts Payable & Accrued Expense : $0.14 Mil (As of Oct. 2016)

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What is R-Three Technologies Accounts Payable & Accrued Expense?

R-Three Technologies's quarterly accounts payable & accrued expense declined from Apr. 2016 ($0.07 Mil) to Jul. 2016 ($0.00 Mil) but then increased from Jul. 2016 ($0.00 Mil) to Oct. 2016 ($0.14 Mil).

R-Three Technologies's annual accounts payable & accrued expense increased from Apr. 2012 ($0.07 Mil) to Apr. 2013 ($0.09 Mil) and increased from Apr. 2013 ($0.09 Mil) to Apr. 2015 ($0.13 Mil).

R-Three Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for R-Three 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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R-Three Technologies Accounts Payable & Accrued Expense Chart

R-Three Technologies Annual Data

Trend

Apr11

Apr12

Apr13

Apr15

Accounts Payable & Accrued Expense

0.03

0.07

0.09

0.13

R-Three Technologies Quarterly Data
	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.14	0.14	0.07	-	0.14

R-Three 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.

R-Three Technologies (R-Three Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » R-Three Technologies Inc (OTCPK:RRRT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1270 Ave of the Americas, 7th Floor-1053, New York, NY, USA, 10020

Website

https://r-threetechnologies.com

R-Three Technologies Inc is an early-stage development company with a success-driven Board which is focused on carefully pursuing several ventures it believes show promise.