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MicroSalt (LSE:SALT) Accounts Payable & Accrued Expense : £0.40 Mil (As of Jun. 2023)


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What is MicroSalt Accounts Payable & Accrued Expense?

MicroSalt's quarterly accounts payable & accrued expense increased from Jun. 2022 (£0.00 Mil) to Dec. 2022 (£0.12 Mil) and increased from Dec. 2022 (£0.12 Mil) to Jun. 2023 (£0.40 Mil).

MicroSalt's annual accounts payable & accrued expense increased from Dec. 2020 (£0.01 Mil) to Dec. 2021 (£0.04 Mil) and increased from Dec. 2021 (£0.04 Mil) to Dec. 2022 (£0.12 Mil).


MicroSalt Accounts Payable & Accrued Expense Historical Data

The historical data trend for MicroSalt'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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MicroSalt Accounts Payable & Accrued Expense Chart

MicroSalt Annual Data
Trend Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
0.01 0.04 0.12

MicroSalt Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense 0.01 0.04 - 0.12 0.40

MicroSalt 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.


MicroSalt (LSE:SALT) Business Description

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Traded in Other Exchanges
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Address
12 New Fetter Lane, London, GBR, EC4A 1JP
MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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