Genesis Land Development (Genesis Land Development) Accounts Payable & Accrued Expense : $42.2 Mil (As of Dec. 2023)

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What is Genesis Land Development Accounts Payable & Accrued Expense?

Genesis Land Development's quarterly accounts payable & accrued expense increased from Jun. 2023 ($46.6 Mil) to Sep. 2023 ($47.5 Mil) but then declined from Sep. 2023 ($47.5 Mil) to Dec. 2023 ($42.2 Mil).

Genesis Land Development's annual accounts payable & accrued expense increased from Dec. 2021 ($22.3 Mil) to Dec. 2022 ($22.9 Mil) and increased from Dec. 2022 ($22.9 Mil) to Dec. 2023 ($42.2 Mil).

Genesis Land Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for Genesis Land Development'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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Genesis Land Development Accounts Payable & Accrued Expense Chart

Genesis Land Development Annual Data

Trend

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Accounts Payable & Accrued Expense

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6.00

15.90

22.27

22.91

42.19

Genesis Land Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.91	27.14	46.65	47.50	42.19

Genesis Land Development 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.

Genesis Land Development (Genesis Land Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Genesis Land Development Corp (OTCPK:GNLAF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

GDC:Canada

Address

6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3

Website

https://www.genesisland.com

Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

Genesis Land Development (Genesis Land Development) Headlines

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