NetCents Technology (XCNQ:NC) Accounts Payable & Accrued Expense : C$0.89 Mil (As of Jul. 2020)

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What is NetCents Technology Accounts Payable & Accrued Expense?

NetCents Technology's quarterly accounts payable & accrued expense increased from Jan. 2020 (C$1.31 Mil) to Apr. 2020 (C$1.80 Mil) but then declined from Apr. 2020 (C$1.80 Mil) to Jul. 2020 (C$0.89 Mil).

NetCents Technology's annual accounts payable & accrued expense declined from Oct. 2017 (C$1.66 Mil) to Oct. 2018 (C$1.55 Mil) but then increased from Oct. 2018 (C$1.55 Mil) to Oct. 2019 (C$1.73 Mil).

NetCents Technology Accounts Payable & Accrued Expense Historical Data

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

NetCents Technology Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Accounts Payable & Accrued Expense

0.55

1.08

1.66

1.55

1.73

NetCents Technology Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.64	1.73	1.31	1.80	0.89

NetCents Technology 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.

NetCents Technology (XCNQ:NC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.