GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Newater Technology Inc (NAS:NEWA) » Definitions » Current Accrued Expense

Newater Technology (Newater Technology) Current Accrued Expense : $5.42 Mil (As of Dec. 2020)


View and export this data going back to 2017. Start your Free Trial

What is Newater Technology Current Accrued Expense?

Newater Technology's Current Accrued Expense for the quarter that ended in Dec. 2020 was $5.42 Mil.

Newater Technology's quarterly Current Accrued Expense declined from Dec. 2019 ($6.97 Mil) to Jun. 2020 ($3.31 Mil) but then increased from Jun. 2020 ($3.31 Mil) to Dec. 2020 ($5.42 Mil).

Newater Technology's annual Current Accrued Expense increased from Dec. 2018 ($6.38 Mil) to Dec. 2019 ($6.97 Mil) but then declined from Dec. 2019 ($6.97 Mil) to Dec. 2020 ($5.42 Mil).


Newater Technology Current Accrued Expense Historical Data

The historical data trend for Newater Technology's Current 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.

* Premium members only.

Newater Technology Current Accrued Expense Chart

Newater Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Accrued Expense
Get a 7-Day Free Trial 0.21 8.51 6.38 6.97 5.42

Newater Technology Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.38 5.02 6.97 3.31 5.42

Newater Technology Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.


Newater Technology Current Accrued Expense Related Terms

Thank you for viewing the detailed overview of Newater Technology's Current Accrued Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Newater Technology (Newater Technology) Business Description

Traded in Other Exchanges
N/A
Address
C/o Yantai Jinzheng Eco-Technology Co., Ltd., 1 Ruida Road, Laishan District, Shandong Province, Yantai, CHN, 264003
Newater Technology Inc is engaged in the treatment and purification of wastewater. The firm primarily develops, manufactures, and sells disk tube reverse osmosis (DTRO) and disk tube nanofiltration (DTNF) membrane filtration products used to treat, recycle, and discharge wastewater. It also provides hardware and engineered systems to implement integrated solutions with DTRO and DTNF products. The company also offers traditional wastewater treatment solutions, such as activated carbon and resins and serves the waste (garbage), chemical and energy industries. The company derives the revenue in the form of Products, Projects, and Services. The majority of the revenue is generated from the developing, installing, and selling of water purification projects.