Spartan Acquisition III (Spartan Acquisition III) Accounts Payable & Accrued Expense : $6.98 Mil (As of Sep. 2021)

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What is Spartan Acquisition III Accounts Payable & Accrued Expense?

Spartan Acquisition III's quarterly accounts payable & accrued expense increased from Mar. 2021 ($1.22 Mil) to Jun. 2021 ($4.90 Mil) and increased from Jun. 2021 ($4.90 Mil) to Sep. 2021 ($6.98 Mil).

Spartan Acquisition III's annual accounts payable & accrued expense stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.07 Mil).

Spartan Acquisition III Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spartan Acquisition III'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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Spartan Acquisition III Accounts Payable & Accrued Expense Chart

Spartan Acquisition III Annual Data

Trend

Dec20

Accounts Payable & Accrued Expense

0.07

Spartan Acquisition III Quarterly Data
	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	0.04	1.22	4.90	6.98

Spartan Acquisition III 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.