Snipp Interactive (Snipp Interactive) Accounts Payable & Accrued Expense : $2.76 Mil (As of Dec. 2023)

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What is Snipp Interactive Accounts Payable & Accrued Expense?

Snipp Interactive's quarterly accounts payable & accrued expense declined from Jun. 2023 ($3.62 Mil) to Sep. 2023 ($3.54 Mil) and declined from Sep. 2023 ($3.54 Mil) to Dec. 2023 ($2.76 Mil).

Snipp Interactive's annual accounts payable & accrued expense increased from Dec. 2021 ($1.96 Mil) to Dec. 2022 ($3.37 Mil) but then declined from Dec. 2022 ($3.37 Mil) to Dec. 2023 ($2.76 Mil).

Snipp Interactive Accounts Payable & Accrued Expense Historical Data

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

Snipp Interactive Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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2.58

2.76

1.96

3.37

2.76

Snipp Interactive 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															3.37	3.10	3.62	3.54	2.76

Snipp Interactive 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.

Snipp Interactive (Snipp Interactive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Snipp Interactive Inc (OTCPK:SNIPF) » Definitions » Accounts Payable & Accrued Expense

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SPN:Canada

Address

666 Burrard Street, Suite 1700, Vancouver, BC, CAN, V6C 2X8

Website

https://www.snipp.com

Snipp Interactive Inc a loyalty and promotions technology company develops and sells mobile-based promotions software applications and associated campaign services. The company provides its products in a range of solution sets, which include Purchase Promotions and Receipt Processing; Loyalty Programs; Mobile Promotions and Contests; Reward Solutions; Rebate Solutions, and Data Analytics. It offers software applications, which allow advertising agencies, brands, and media to engage and interact with customers. Geographically it operates through in several cities in the United States, and international operations in Canada, India, and Ireland. It derived the majority of its revenues from the United States.