Memex (TSXV:OEE) Accounts Payable & Accrued Expense : C$0.26 Mil (As of Jun. 2023)

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What is Memex Accounts Payable & Accrued Expense?

Memex's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$0.19 Mil) to Mar. 2023 (C$0.29 Mil) but then declined from Mar. 2023 (C$0.29 Mil) to Jun. 2023 (C$0.26 Mil).

Memex's annual accounts payable & accrued expense declined from Sep. 2020 (C$0.18 Mil) to Sep. 2021 (C$0.17 Mil) but then increased from Sep. 2021 (C$0.17 Mil) to Sep. 2022 (C$0.20 Mil).

Memex Accounts Payable & Accrued Expense Historical Data

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

Memex Annual Data

Trend

Aug13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Accounts Payable & Accrued Expense

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0.43

0.34

0.18

0.17

0.20

Memex Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.21	0.20	0.19	0.29	0.26

Memex 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.

Memex (TSXV:OEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Memex Inc (TSXV:OEE) » Definitions » Accounts Payable & Accrued Expense

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MENXF:USA

Address

880 Laurentian Drive, Unit 2, Burlington, ON, CAN, L7N 3V6

Website

https://www.memex.ca

Memex Inc is a technology-based company. It develops, commercializes, and manufactures a suite of products for its customers in the discrete manufacturing and aerospace sectors worldwide. It's flagship product MERLIN is a software-driven IIoT communications platform that provides manufacturing analytics in real-time. MERLIN connects to any machine, old or new, utilizing native MTConnect or hardware adapters for older machines. The company derives a majority of its revenue from Software licensing. Geographically, it generates maximum revenue from the United States and also has a presence in Mexico and Other Countries.

Executives

Edward Allen Crymble

Senior Officer

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