SolarMax Technology (SolarMax Technology) Change In Payables And Accrued Expense : $-8.44 Mil (TTM As of Mar. 2024)

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What is SolarMax Technology Change In Payables And Accrued Expense?

SolarMax Technology's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was $-5.10 Mil. It means SolarMax Technology's Accounts Payable & Accrued Expense declined by $5.10 Mil from Dec. 2023 to Mar. 2024 .

SolarMax Technology's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $-1.79 Mil. It means SolarMax Technology's Accounts Payable & Accrued Expense declined by $1.79 Mil from Dec. 2022 to Dec. 2023 .

SolarMax Technology Change In Payables And Accrued Expense Historical Data

The historical data trend for SolarMax Technology's Change In Payables And 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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SolarMax Technology Change In Payables And Accrued Expense Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Change In Payables And Accrued Expense

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27.90

-5.02

-12.91

-2.82

-1.79

SolarMax Technology Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															1.56	-2.03	-1.94	0.62	-5.10

SolarMax Technology Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.44 Mil.

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SolarMax Technology (SolarMax Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarMax Technology Inc (NAS:SMXT) » Definitions » Change In Payables And Accrued Expense

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Traded in Other Exchanges

6W1:Germany

Address

3080 12th Street, Riverside, CA, USA, 92507

Website

http://www.solarmaxtech.com

SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines

From GuruFocus

SolarMax Technology, Inc. Announces Pricing of Initial Public Offering and listing on Nasdaq

By PRNewswire • 02-27-2024