Ideal Power (FRA:5ILA) Accounts Payable & Accrued Expense : €0.82 Mil (As of Mar. 2024)

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What is Ideal Power Accounts Payable & Accrued Expense?

Ideal Power's quarterly accounts payable & accrued expense declined from Sep. 2023 (€0.71 Mil) to Dec. 2023 (€0.62 Mil) but then increased from Dec. 2023 (€0.62 Mil) to Mar. 2024 (€0.82 Mil).

Ideal Power's annual accounts payable & accrued expense declined from Dec. 2021 (€0.30 Mil) to Dec. 2022 (€0.30 Mil) but then increased from Dec. 2022 (€0.30 Mil) to Dec. 2023 (€0.62 Mil).

Ideal Power Accounts Payable & Accrued Expense Historical Data

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

Ideal Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.41

0.32

0.30

0.62

Ideal Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.41	0.67	0.71	0.62	0.82

Ideal Power 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.

Ideal Power (FRA:5ILA) Business Description

Industry

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IPWR:USA

Address

5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735

Website

https://www.idealpower.com

Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.

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