Lokotech Group AS (OSL:LOKO) Accounts Payable & Accrued Expense : kr0.95 Mil (As of Dec. 2023)

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What is Lokotech Group AS Accounts Payable & Accrued Expense?

Lokotech Group AS's quarterly accounts payable & accrued expense increased from Dec. 2022 (kr0.61 Mil) to Jun. 2023 (kr0.67 Mil) and increased from Jun. 2023 (kr0.67 Mil) to Dec. 2023 (kr0.95 Mil).

Lokotech Group AS's annual accounts payable & accrued expense increased from Dec. 2021 (kr0.47 Mil) to Dec. 2022 (kr0.61 Mil) and increased from Dec. 2022 (kr0.61 Mil) to Dec. 2023 (kr0.95 Mil).

Lokotech Group AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lokotech Group AS'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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Lokotech Group AS Accounts Payable & Accrued Expense Chart

Lokotech Group AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.13

0.47

0.61

0.95

Lokotech Group AS Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.47	0.14	0.61	0.67	0.95

Lokotech Group AS 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.

Lokotech Group AS (OSL:LOKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lokotech Group AS (OSL:LOKO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

7EW:Germany

Address

St. Olavsgate 21B, Oslo, NOR, 0165

Website

https://www.lokotechgroup.com

Lokotech Group AS is a hardware and software company specializing in supercomputer development. The company focuses on environmental improvements (reducing energy waste and CO2 emissions) in the blockchain industry. Its low energy microchips may potentially also be used in Artificial Intelligence (AI).

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