Oceanic Wind Energy (TSXV:NKW.H) Accounts Payable & Accrued Expense : C$0.04 Mil (As of Mar. 2024)

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What is Oceanic Wind Energy Accounts Payable & Accrued Expense?

Oceanic Wind Energy's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$0.07 Mil) to Dec. 2023 (C$0.10 Mil) but then declined from Dec. 2023 (C$0.10 Mil) to Mar. 2024 (C$0.04 Mil).

Oceanic Wind Energy's annual accounts payable & accrued expense increased from Sep. 2021 (C$0.06 Mil) to Sep. 2022 (C$0.08 Mil) but then declined from Sep. 2022 (C$0.08 Mil) to Sep. 2023 (C$0.07 Mil).

Oceanic Wind Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oceanic Wind Energy'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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Oceanic Wind Energy Accounts Payable & Accrued Expense Chart

Oceanic Wind Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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0.31

0.11

0.06

0.08

0.07

Oceanic Wind Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.03	0.04	0.07	0.10	0.04

Oceanic Wind Energy 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.

Oceanic Wind Energy (TSXV:NKW.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Oceanic Wind Energy Inc (TSXV:NKW.H) » Definitions » Accounts Payable & Accrued Expense

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NKWFF:USA

Address

355 Burrard Street, Suite 570, Vancouver, BC, CAN, V6C 2G8

Website

http://www.oceanicwind.ca

Oceanic Wind Energy Inc is engaged in the development of renewable energy projects. The company is developing an offshore wind project on the north coast of British Columbia in Hecate Strait.

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