FutureTech II Acquisition (FutureTech II Acquisition) Accounts Payable & Accrued Expense : $2.57 Mil (As of Mar. 2024)

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What is FutureTech II Acquisition Accounts Payable & Accrued Expense?

FutureTech II Acquisition's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1.26 Mil) to Dec. 2023 ($2.12 Mil) and increased from Dec. 2023 ($2.12 Mil) to Mar. 2024 ($2.57 Mil).

FutureTech II Acquisition's annual accounts payable & accrued expense increased from Dec. 2021 ($0.02 Mil) to Dec. 2022 ($0.64 Mil) and increased from Dec. 2022 ($0.64 Mil) to Dec. 2023 ($2.12 Mil).

FutureTech II Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for FutureTech II Acquisition'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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FutureTech II Acquisition Accounts Payable & Accrued Expense Chart

FutureTech II Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.02

0.64

2.12

FutureTech II Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						1.05	0.97	1.26	2.12	2.57

FutureTech II Acquisition 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.

FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FutureTech II Acquisition Corp (NAS:FTII) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gail Drive, New Rochelle, NY, USA, 10805

Website

FutureTech II Acquisition Corp is a blank check company.

Executives

Ray Lei Chen	director, officer: Chief Executive Officer & CFO	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc	10 percent owner	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage	director	C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush	director	1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi	director	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang	director, 10 percent owner, officer: Chief Executive Officer	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley	director	1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall	director, officer: Chief Financial Officer	42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines

From GuruFocus

FutureTech II Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants

By ACCESSWIRE ACCESSWIRE • 04-08-2022

FutureTech II Acquisition Corp. Confirms Funding and Extension of Period to Complete Initial Business Combination

By sperokesalga sperokesalga • 05-17-2023