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Airiq (TSXV:IQ) Accounts Payable & Accrued Expense : C$0.49 Mil (As of Dec. 2023)


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What is Airiq Accounts Payable & Accrued Expense?

Airiq's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.89 Mil) to Sep. 2023 (C$0.65 Mil) and declined from Sep. 2023 (C$0.65 Mil) to Dec. 2023 (C$0.49 Mil).

Airiq's annual accounts payable & accrued expense increased from Mar. 2021 (C$0.61 Mil) to Mar. 2022 (C$0.74 Mil) and increased from Mar. 2022 (C$0.74 Mil) to Mar. 2023 (C$0.77 Mil).


Airiq Accounts Payable & Accrued Expense Historical Data

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

Airiq Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.80 0.61 0.74 0.77

Airiq Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.77 0.89 0.65 0.49

Airiq 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.


Airiq (TSXV:IQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Airiq Inc (TSXV:IQ) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. Its solutions allow commercial businesses to reliably, effectively and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. Its solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.
Executives
Bora Kwak Senior Officer