XTM (STU:7XT) Accounts Payable & Accrued Expense : €4.80 Mil (As of Sep. 2023)

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What is XTM Accounts Payable & Accrued Expense?

XTM's quarterly accounts payable & accrued expense increased from Dec. 2022 (€1.02 Mil) to Mar. 2023 (€1.04 Mil) and increased from Mar. 2023 (€1.04 Mil) to Sep. 2023 (€4.80 Mil).

XTM's annual accounts payable & accrued expense increased from Dec. 2020 (€0.49 Mil) to Dec. 2021 (€0.79 Mil) and increased from Dec. 2021 (€0.79 Mil) to Dec. 2022 (€1.02 Mil).

XTM Accounts Payable & Accrued Expense Historical Data

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

XTM Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.18

0.61

0.49

0.79

1.02

XTM Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														0.99	1.17	1.02	1.04	4.80

XTM 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.

XTM (STU:7XT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XTM Inc (STU:7XT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

XTMIF:USA 7XT:Germany PAID:Canada

Address

67 Mowat Avenue, Suite 437, Toronto, ON, CAN, M6K 1E3

Website

https://www.xtminc.com

XTM Inc is a fintech company. The company provides necessary support systems including mobile and web applications and ancillary banking services. Its product includes Issuing Cards; Pre-Authorized Debit; Direct Deposit Accounts; Digital Banking; Visa Direct/Mastercard Send; ACH/EFT transfers and Reverse ATM. The company serves Hospitality and Salons; Payroll; Government Payouts companies. Its revenues are primarily generated from financial service fees charged to cardholders and merchants accepting the cards for payment. Revenue from financial services is generated from multiple sources including transaction fees, cardholder fees, load fees, and interchange fees.

XTM (STU:7XT) Headlines

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