Critical Infrastructure Technologies (XCNQ:CTTT) Accounts Payable & Accrued Expense : C$0.97 Mil (As of Mar. 2024)

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What is Critical Infrastructure Technologies Accounts Payable & Accrued Expense?

Critical Infrastructure Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$0.91 Mil) to Dec. 2023 (C$1.14 Mil) but then declined from Dec. 2023 (C$1.14 Mil) to Mar. 2024 (C$0.97 Mil).

Critical Infrastructure Technologies's annual accounts payable & accrued expense increased from Jun. 2021 (C$0.34 Mil) to Jun. 2022 (C$0.44 Mil) and increased from Jun. 2022 (C$0.44 Mil) to Jun. 2023 (C$0.98 Mil).

Critical Infrastructure Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Critical Infrastructure Technologies'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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Critical Infrastructure Technologies Accounts Payable & Accrued Expense Chart

Critical Infrastructure Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.34

0.44

0.98

Critical Infrastructure Technologies Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.40	0.98	0.91	1.14	0.97

Critical Infrastructure Technologies 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.

Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1

Website

https://www.citech.com.au

Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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