Sollensys (Sollensys) Accounts Payable & Accrued Expense : $0.50 Mil (As of Dec. 2022)

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What is Sollensys Accounts Payable & Accrued Expense?

Sollensys's quarterly accounts payable & accrued expense declined from Jun. 2022 ($0.95 Mil) to Sep. 2022 ($0.54 Mil) and declined from Sep. 2022 ($0.54 Mil) to Dec. 2022 ($0.50 Mil).

Sollensys's annual accounts payable & accrued expense increased from Mar. 2020 ($0.03 Mil) to Dec. 2021 ($0.17 Mil) and increased from Dec. 2021 ($0.17 Mil) to Dec. 2022 ($0.50 Mil).

Sollensys Accounts Payable & Accrued Expense Historical Data

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

Sollensys Annual Data

Trend

Mar12

Mar19

Mar20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.02

0.03

0.17

0.50

Sollensys Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.17	0.43	0.95	0.54	0.50

Sollensys 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.

Sollensys (Sollensys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sollensys Corp (OTCPK:SOLS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1470 Treeland Boulevard Southeast, Palm Bay, FL, USA, 32909

Website

https://www.sollensys.com

Sollensys Corp manufactures the blockchain archive server that maintains a redundant, immutable backup of data. Its blockchain archive server protects client data from ransomware malicious software that infects computers and displays messages.