FRX Innovations (TSXV:FRXI) Accounts Payable & Accrued Expense : C$4.42 Mil (As of Sep. 2023)

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What is FRX Innovations Accounts Payable & Accrued Expense?

FRX Innovations's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$3.26 Mil) to Jun. 2023 (C$3.92 Mil) and increased from Jun. 2023 (C$3.92 Mil) to Sep. 2023 (C$4.42 Mil).

FRX Innovations's annual accounts payable & accrued expense declined from Dec. 2020 (C$3.32 Mil) to Dec. 2021 (C$2.56 Mil) but then increased from Dec. 2021 (C$2.56 Mil) to Dec. 2022 (C$4.55 Mil).

FRX Innovations Accounts Payable & Accrued Expense Historical Data

The historical data trend for FRX Innovations'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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FRX Innovations Accounts Payable & Accrued Expense Chart

FRX Innovations Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

3.11

2.45

3.32

2.56

4.55

FRX Innovations Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									3.60	4.55	3.26	3.92	4.42

FRX Innovations 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.

FRX Innovations (TSXV:FRXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FRX Innovations Inc (TSXV:FRXI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FRXIF:USA W2A:Germany

Address

200 Turnpike Road, Chelmsford, MA, USA, 01824

Website

https://www.frx-innovations.com

FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia. Its product portfolio consists of Nofia Polyphosphonates, which are produced using sustainable green chemistry principles such as a solvent-free production process, no waste byproducts, and atom efficiency; Nofia Homopolymers; Nofia Reactive Oligomers.

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