Next Hydrogen Solutions (TSXV:NXH) Accounts Payable & Accrued Expense : C$1.70 Mil (As of Mar. 2024)

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What is Next Hydrogen Solutions Accounts Payable & Accrued Expense?

Next Hydrogen Solutions's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$1.65 Mil) to Dec. 2023 (C$1.71 Mil) but then declined from Dec. 2023 (C$1.71 Mil) to Mar. 2024 (C$1.70 Mil).

Next Hydrogen Solutions's annual accounts payable & accrued expense increased from Jan. 2021 (C$0.03 Mil) to Dec. 2022 (C$1.09 Mil) and increased from Dec. 2022 (C$1.09 Mil) to Dec. 2023 (C$1.71 Mil).

Next Hydrogen Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Next Hydrogen Solutions'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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Next Hydrogen Solutions Accounts Payable & Accrued Expense Chart

Next Hydrogen Solutions Annual Data

Trend

Dec20

Jan21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.29

0.03

1.09

1.71

Next Hydrogen Solutions Quarterly Data
	Jul19	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													1.04	2.04	1.65	1.71	1.70

Next Hydrogen Solutions 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.

Next Hydrogen Solutions (TSXV:NXH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Next Hydrogen Solutions Inc (TSXV:NXH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NXHSF:USA

Address

6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6

Website

https://www.nexthydrogen.com

Next Hydrogen Solutions Inc is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Its cell design architecture enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The company generates revenue from customer contracts from the principal sources of product and equipment sales and services as well as aftermarket sales.

Executives

Anthony Robert Guglielmin

Director

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