Plaintree Systems (Plaintree Systems) Accounts Payable & Accrued Expense : $1.76 Mil (As of Dec. 2023)

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What is Plaintree Systems Accounts Payable & Accrued Expense?

Plaintree Systems's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1.68 Mil) to Sep. 2023 ($1.64 Mil) but then increased from Sep. 2023 ($1.64 Mil) to Dec. 2023 ($1.76 Mil).

Plaintree Systems's annual accounts payable & accrued expense increased from Mar. 2021 ($1.38 Mil) to Mar. 2022 ($2.24 Mil) but then declined from Mar. 2022 ($2.24 Mil) to Mar. 2023 ($1.55 Mil).

Plaintree Systems Accounts Payable & Accrued Expense Historical Data

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

Plaintree Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.27

1.05

1.38

2.24

1.55

Plaintree Systems 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															2.13	1.55	1.68	1.64	1.76

Plaintree Systems 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.

Plaintree Systems (Plaintree Systems) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Plaintree Systems Inc (OTCPK:PTEEF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NPT:Canada

Address

10 Didak Drive, Arnprior, ON, CAN, K7S 0C3

Website

http://www.plaintree.com

Plaintree Systems Inc. is a diversified company with proprietary technology and manufacturing capabilities in structural design, aerospace, and telecommunications. The company's operating segment includes Electronics and Specialty Structures. It generates maximum revenue from the Specialty Structures segment. Geographically, it derives a majority of revenue from the United States.