Cemtrex (Cemtrex) Accounts Payable & Accrued Expense : $6.26 Mil (As of Dec. 2023)

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What is Cemtrex Accounts Payable & Accrued Expense?

Cemtrex's quarterly accounts payable & accrued expense increased from Jun. 2023 ($7.31 Mil) to Sep. 2023 ($9.47 Mil) but then declined from Sep. 2023 ($9.47 Mil) to Dec. 2023 ($6.26 Mil).

Cemtrex's annual accounts payable & accrued expense declined from Sep. 2021 ($6.30 Mil) to Sep. 2022 ($5.44 Mil) but then increased from Sep. 2022 ($5.44 Mil) to Sep. 2023 ($9.47 Mil).

Cemtrex Accounts Payable & Accrued Expense Historical Data

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

Cemtrex Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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7.33

7.01

6.30

5.44

9.47

Cemtrex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.99	6.43	7.31	9.47	6.26

Cemtrex 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.

Cemtrex (Cemtrex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cemtrex Inc (NAS:CETX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CETXP.PFD:USA C42:Germany

Address

135 Fell Ct. Hauppaug, New York, NY, USA, 11222

Website

https://www.cemtrex.com

Cemtrex Inc is a multi-industry technology company. It has expanded in a range of sectors, including smart technologies, virtual and augmented realities, industrial solutions, and intelligent security system. The company's operating segment includes the Security segment, Industrial Services segment and the Corporate segment. It generates maximum revenue from the Security segment. It geographically operates in USA, UK and India wherein maximum revenue is generated in USA.

Executives

Saagar Govil	director, officer: Secretary and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Renato Dela Rama	officer: VP of Finance /CFO	19 ENGINEERS LANE, FARMINGDALE NY 11735
Shamik Shah	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ducon Technologies, Inc.	other: See remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Sunny Patel	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Metodi Filipov	director, officer: Vice President Operations	19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil	director, officer: See Remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Rama Rehato Dela	director, officer: Vice President and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ravi Narayan	director, officer: VICE PRESIDENT AND DIRECTOR	19 ENGINEERS LANE, FARMINGDALE NY 11735