AmmPower (XCNQ:AMMP) Accounts Payable & Accrued Expense : C$4.27 Mil (As of Feb. 2024)

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What is AmmPower Accounts Payable & Accrued Expense?

AmmPower's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$2.71 Mil) to Nov. 2023 (C$3.57 Mil) and increased from Nov. 2023 (C$3.57 Mil) to Feb. 2024 (C$4.27 Mil).

AmmPower's annual accounts payable & accrued expense increased from May. 2021 (C$0.12 Mil) to May. 2022 (C$0.76 Mil) and increased from May. 2022 (C$0.76 Mil) to May. 2023 (C$2.37 Mil).

AmmPower Accounts Payable & Accrued Expense Historical Data

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

AmmPower Annual Data

Trend

May20

May21

May22

May23

Accounts Payable & Accrued Expense

0.01

0.12

0.76

2.37

AmmPower Quarterly Data
	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											2.07	2.37	2.71	3.57	4.27

AmmPower 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.

AmmPower (XCNQ:AMMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AmmPower Corp (XCNQ:AMMP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AMMPF:USA 601A:Germany

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.ammpower.com

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The Company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Australia, which gives majority of the revenue and Canada.

Executives

Aberdeen International Inc.

10% Security Holder

AmmPower (XCNQ:AMMP) Headlines

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