GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Axe2 Acquisitions Inc (TSXV:AXET.P) » Definitions » Accounts Payable & Accrued Expense

Axe2 Acquisitions (TSXV:AXET.P) Accounts Payable & Accrued Expense : C$0.06 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Axe2 Acquisitions Accounts Payable & Accrued Expense?

Axe2 Acquisitions's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.03 Mil) to Dec. 2023 (C$0.01 Mil) but then increased from Dec. 2023 (C$0.01 Mil) to Mar. 2024 (C$0.06 Mil).

Axe2 Acquisitions's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.07 Mil) to Dec. 2022 (C$0.11 Mil) but then declined from Dec. 2022 (C$0.11 Mil) to Dec. 2023 (C$0.01 Mil).


Axe2 Acquisitions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Axe2 Acquisitions'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.

* Premium members only.

Axe2 Acquisitions Accounts Payable & Accrued Expense Chart

Axe2 Acquisitions Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.07 0.11 0.01

Axe2 Acquisitions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.02 0.03 0.01 0.06

Axe2 Acquisitions 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.


Axe2 Acquisitions (TSXV:AXET.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
25 King Street West, 29th Floor, Toronto, ON, CAN, M5L1G3
Website
Axe2 Acquisitions Inc is a capital pool company.

Axe2 Acquisitions (TSXV:AXET.P) Headlines

No Headlines