Nanofilm Technologies International (SGX:MZH) Accounts Payable & Accrued Expense : S$25.3 Mil (As of Dec. 2023)

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What is Nanofilm Technologies International Accounts Payable & Accrued Expense?

Nanofilm Technologies International's quarterly accounts payable & accrued expense declined from Dec. 2022 (S$33.1 Mil) to Jun. 2023 (S$23.7 Mil) but then increased from Jun. 2023 (S$23.7 Mil) to Dec. 2023 (S$25.3 Mil).

Nanofilm Technologies International's annual accounts payable & accrued expense declined from Dec. 2021 (S$46.4 Mil) to Dec. 2022 (S$33.1 Mil) and declined from Dec. 2022 (S$33.1 Mil) to Dec. 2023 (S$25.3 Mil).

Nanofilm Technologies International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanofilm Technologies International'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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Nanofilm Technologies International Accounts Payable & Accrued Expense Chart

Nanofilm Technologies International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25.84

35.70

46.39

33.08

25.31

Nanofilm Technologies International Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							46.39	26.41	33.08	23.65	25.31

Nanofilm Technologies International 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.

Nanofilm Technologies International (SGX:MZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Tai Seng Drive, Singapore, SGP, 535226

Website

https://www.nti-nanofilm.com

Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

Nanofilm Technologies International (SGX:MZH) Headlines

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