Kelso Technologies (FRA:LB4A) Accounts Payable & Accrued Expense : €1.60 Mil (As of Mar. 2024)

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What is Kelso Technologies Accounts Payable & Accrued Expense?

Kelso Technologies's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1.03 Mil) to Dec. 2023 (€0.87 Mil) but then increased from Dec. 2023 (€0.87 Mil) to Mar. 2024 (€1.60 Mil).

Kelso Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (€0.99 Mil) to Dec. 2022 (€1.15 Mil) but then declined from Dec. 2022 (€1.15 Mil) to Dec. 2023 (€0.87 Mil).

Kelso Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kelso 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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Kelso Technologies Accounts Payable & Accrued Expense Chart

Kelso Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.54

0.75

0.99

1.15

0.87

Kelso Technologies 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															1.31	1.02	1.03	0.87	1.60

Kelso 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.

Kelso Technologies (FRA:LB4A) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kelso Technologies Inc (FRA:LB4A) » Definitions » Accounts Payable & Accrued Expense

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KIQ:USA KLS:Canada

Address

13966, 18B Avenue, Surrey, BC, CAN, V4A 8J1

Website

https://www.kelsotech.com

Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various pressure relief valves and manway securement systems designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars.

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