NEXE Innovations (TSXV:NEXE) Accounts Payable & Accrued Expense : C$2.00 Mil (As of Feb. 2024)

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What is NEXE Innovations Accounts Payable & Accrued Expense?

NEXE Innovations's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$2.31 Mil) to Nov. 2023 (C$2.36 Mil) but then declined from Nov. 2023 (C$2.36 Mil) to Feb. 2024 (C$2.00 Mil).

NEXE Innovations's annual accounts payable & accrued expense increased from May. 2021 (C$1.54 Mil) to May. 2022 (C$1.61 Mil) and increased from May. 2022 (C$1.61 Mil) to May. 2023 (C$2.87 Mil).

NEXE Innovations Accounts Payable & Accrued Expense Historical Data

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

NEXE Innovations Annual Data

Trend

May20

May21

May22

May23

Accounts Payable & Accrued Expense

0.68

1.54

1.61

2.87

NEXE Innovations Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													1.56	2.87	2.31	2.36	2.00

NEXE 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.

NEXE Innovations (TSXV:NEXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » NEXE Innovations Inc (TSXV:NEXE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NEXNF:USA NX5:Germany

Address

19355 22nd Avenue, Suite 109, Surrey, BC, CAN, V3Z3S6

Website

https://www.nexeinnovations.com

NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.

Executives

Ashvani Guglani

Director

NEXE Innovations (TSXV:NEXE) Headlines

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