Aduro Clean Technologies (XCNQ:ACT) Accounts Payable & Accrued Expense : C$0.38 Mil (As of Feb. 2024)

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What is Aduro Clean Technologies Accounts Payable & Accrued Expense?

Aduro Clean Technologies's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$0.47 Mil) to Nov. 2023 (C$0.54 Mil) but then declined from Nov. 2023 (C$0.54 Mil) to Feb. 2024 (C$0.38 Mil).

Aduro Clean Technologies's annual accounts payable & accrued expense increased from May. 2021 (C$0.54 Mil) to May. 2022 (C$0.59 Mil) but then declined from May. 2022 (C$0.59 Mil) to May. 2023 (C$0.46 Mil).

Aduro Clean Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aduro Clean Technologies'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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Aduro Clean Technologies Accounts Payable & Accrued Expense Chart

Aduro Clean Technologies Annual Data

Trend

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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0.59

0.54

0.59

0.46

Aduro Clean Technologies Quarterly Data
	May19	Aug19	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															0.38	0.46	0.47	0.54	0.38

Aduro Clean Technologies 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.

Aduro Clean Technologies (XCNQ:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aduro Clean Technologies Inc (XCNQ:ACT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ACTHF:USA 9D50:Germany

Address

1086 Modeland Road, Suite 104, Sarnia, ON, CAN, N7S 6L2

Website

https://www.adurocleantech.com

Aduro Clean Technologies Inc is a developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into feedstocks and higher-value fuels. The company's technology activates unique properties of water in a chemistry platform that operates at relatively low temperatures and costs.