Mijem Newcomm Tech (XCNQ:MJEM) Accounts Payable & Accrued Expense : C$0.21 Mil (As of Jan. 2024)

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What is Mijem Newcomm Tech Accounts Payable & Accrued Expense?

Mijem Newcomm Tech's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$0.24 Mil) to Oct. 2023 (C$0.25 Mil) but then declined from Oct. 2023 (C$0.25 Mil) to Jan. 2024 (C$0.21 Mil).

Mijem Newcomm Tech's annual accounts payable & accrued expense declined from Jul. 2021 (C$0.26 Mil) to Jul. 2022 (C$0.16 Mil) but then increased from Jul. 2022 (C$0.16 Mil) to Jul. 2023 (C$0.24 Mil).

Mijem Newcomm Tech Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mijem Newcomm Tech'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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Mijem Newcomm Tech Accounts Payable & Accrued Expense Chart

Mijem Newcomm Tech Annual Data

Trend

Dec20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

0.01

0.26

0.16

0.24

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.25	0.26	0.24	0.25	0.21

Mijem Newcomm Tech 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.

Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mijem Newcomm Tech Inc (XCNQ:MJEM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

50 Carroll St, Toronto, ON, CAN, M4M 3G3

Website

https://www.mijem.com

Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

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