Quantum eMotion (TSXV:QNC) Accounts Payable & Accrued Expense : C$0.17 Mil (As of Mar. 2024)

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What is Quantum eMotion Accounts Payable & Accrued Expense?

Quantum eMotion's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.31 Mil) to Dec. 2023 (C$0.19 Mil) and declined from Dec. 2023 (C$0.19 Mil) to Mar. 2024 (C$0.17 Mil).

Quantum eMotion's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.33 Mil) to Dec. 2022 (C$0.34 Mil) but then declined from Dec. 2022 (C$0.34 Mil) to Dec. 2023 (C$0.19 Mil).

Quantum eMotion Accounts Payable & Accrued Expense Historical Data

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

Quantum eMotion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.05

0.42

0.33

0.34

0.19

Quantum eMotion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.34	-	0.31	0.19	0.17

Quantum eMotion 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.

Quantum eMotion (TSXV:QNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Quantum eMotion Inc (TSXV:QNC) » Definitions » Accounts Payable & Accrued Expense

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QNCCF:USA

Address

2300 Alfred Nobel Boulevard, Suite 209, Montreal, QC, CAN, H4S 2A4

Website

https://www.quantumemotion.com

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.

Executives

Marc Rousseau

Director

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