Absolicon Solar Collector AB (XSAT:ABSL B) Accounts Payable & Accrued Expense : kr5.93 Mil (As of Mar. 2024)

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What is Absolicon Solar Collector AB Accounts Payable & Accrued Expense?

Absolicon Solar Collector AB's quarterly accounts payable & accrued expense stayed the same from Jun. 2023 (kr11.97 Mil) to Sep. 2023 (kr11.97 Mil) but then declined from Sep. 2023 (kr11.97 Mil) to Mar. 2024 (kr5.93 Mil).

Absolicon Solar Collector AB's annual accounts payable & accrued expense increased from Dec. 2020 (kr3.53 Mil) to Dec. 2021 (kr4.59 Mil) and increased from Dec. 2021 (kr4.59 Mil) to Dec. 2022 (kr8.71 Mil).

Absolicon Solar Collector AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Absolicon Solar Collector 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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Absolicon Solar Collector AB Accounts Payable & Accrued Expense Chart

Absolicon Solar Collector AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.77

3.60

3.53

4.59

8.71

Absolicon Solar Collector AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.71	9.90	11.97	11.97	5.93

Absolicon Solar Collector 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.

Absolicon Solar Collector AB (XSAT:ABSL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Absolicon Solar Collector AB (XSAT:ABSL B) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ZY0:Germany

Address

Fiskaregatan 11, Harnosand, SWE, 871 33

Website

http://www.absolicon.com

Absolicon Solar Collector AB is a supplier of solar concentrators. The company is engaged in developing, manufacturing and selling solar energy systems. Its solar heat is used in Apartments, Solar district heating, Food industry, Hospitals, Hotels, Power Plant and Sports centers. It operates in approximately 3 continents.

Absolicon Solar Collector AB (XSAT:ABSL B) Headlines

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