Advanced Container Technologies (Advanced Container Technologies) Accounts Payable & Accrued Expense : $1.11 Mil (As of Sep. 2022)

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What is Advanced Container Technologies Accounts Payable & Accrued Expense?

Advanced Container Technologies's quarterly accounts payable & accrued expense increased from Mar. 2022 ($1.00 Mil) to Jun. 2022 ($1.19 Mil) but then declined from Jun. 2022 ($1.19 Mil) to Sep. 2022 ($1.11 Mil).

Advanced Container Technologies's annual accounts payable & accrued expense increased from Dec. 2019 ($0.64 Mil) to Dec. 2020 ($1.40 Mil) and increased from Dec. 2020 ($1.40 Mil) to Dec. 2021 ($1.41 Mil).

Advanced Container Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Container Technologies'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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Advanced Container Technologies Accounts Payable & Accrued Expense Chart

Advanced Container Technologies Annual Data

Trend

Jun00

Dec13

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Dec21

Accounts Payable & Accrued Expense

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0.46

0.48

0.64

1.40

1.41

Advanced Container Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.94	1.41	1.00	1.19	1.11

Advanced Container Technologies 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.

Advanced Container Technologies (Advanced Container Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Advanced Container Technologies Inc (OTCPK:ACTX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1620 Commerce Street, Suite A, Corona, CA, USA, 92878

Website

https://www.advancedcontainertechnologies.com

Advanced Container Technologies Inc is in the business of selling and marketing proprietary plastic medical grade containers in the United States. The company's flagship product is Medtainer, which can store grind and shred pharmaceuticals, herbs, teas, and other solids or liquids. It's another product is GrowPods, which are specially modified insulated shipping containers in which plants, herbs, and spices may be grown hydroponically in a controlled environment. Its other products include Humidity pack inserts, Plastic lighter holders, Jars, and Lighters.