Eco Wave Power Global AB (Eco Wave Power Global AB) Accounts Payable & Accrued Expense : $1.07 Mil (As of Mar. 2024)

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What is Eco Wave Power Global AB Accounts Payable & Accrued Expense?

Eco Wave Power Global AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.97 Mil) to Dec. 2023 ($1.01 Mil) and increased from Dec. 2023 ($1.01 Mil) to Mar. 2024 ($1.07 Mil).

Eco Wave Power Global AB's annual accounts payable & accrued expense increased from Dec. 2021 ($0.56 Mil) to Dec. 2022 ($0.81 Mil) and increased from Dec. 2022 ($0.81 Mil) to Dec. 2023 ($1.01 Mil).

Eco Wave Power Global AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eco Wave Power Global AB'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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Eco Wave Power Global AB Accounts Payable & Accrued Expense Chart

Eco Wave Power Global AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.78

0.49

0.56

0.81

1.01

Eco Wave Power Global AB 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															0.88	0.97	0.97	1.01	1.07

Eco Wave Power Global AB 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.

Eco Wave Power Global AB (Eco Wave Power Global AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eco Wave Power Global AB (NAS:WAVE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1KW0:Germany

Address

52 Derech Menachem Begin Street, Tel Aviv, ISR, 6713701

Website

https://www.ecowavepower.com

Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographical presence in Israel, USA and Mexico.