Hybrid Power Solutions (XCNQ:HPSS) Accounts Payable & Accrued Expense : C$1.42 Mil (As of Feb. 2024)

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What is Hybrid Power Solutions Accounts Payable & Accrued Expense?

Hybrid Power Solutions's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$2.09 Mil) to Nov. 2023 (C$2.42 Mil) but then declined from Nov. 2023 (C$2.42 Mil) to Feb. 2024 (C$1.42 Mil).

Hybrid Power Solutions's annual accounts payable & accrued expense increased from May. 2021 (C$0.26 Mil) to May. 2022 (C$0.90 Mil) and increased from May. 2022 (C$0.90 Mil) to May. 2023 (C$1.90 Mil).

Hybrid Power Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hybrid Power Solutions'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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Hybrid Power Solutions Accounts Payable & Accrued Expense Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Accounts Payable & Accrued Expense

0.26

0.90

1.90

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					1.41	1.90	2.09	2.42	1.42

Hybrid Power Solutions 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.

Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

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