Zecotek Photonics (Zecotek Photonics) Accounts Payable & Accrued Expense : $0.52 Mil (As of Apr. 2020)

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What is Zecotek Photonics Accounts Payable & Accrued Expense?

Zecotek Photonics's quarterly accounts payable & accrued expense declined from Oct. 2019 ($1.61 Mil) to Jan. 2020 ($0.98 Mil) and declined from Jan. 2020 ($0.98 Mil) to Apr. 2020 ($0.52 Mil).

Zecotek Photonics's annual accounts payable & accrued expense declined from Jul. 2017 ($4.19 Mil) to Jul. 2018 ($1.50 Mil) but then increased from Jul. 2018 ($1.50 Mil) to Jul. 2019 ($1.53 Mil).

Zecotek Photonics Accounts Payable & Accrued Expense Historical Data

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

Zecotek Photonics Annual Data

Trend

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Accounts Payable & Accrued Expense

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3.10

4.40

4.19

1.50

1.53

Zecotek Photonics Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.56	1.53	1.61	0.98	0.52

Zecotek Photonics 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.

Zecotek Photonics (Zecotek Photonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zecotek Photonics Inc (OTCPK:ZMSPF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5

Website

http://www.zecotek.com

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.