goeasy (TSX:GSY) Accounts Payable & Accrued Expense : C$131 Mil (As of Mar. 2024)

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What is goeasy Accounts Payable & Accrued Expense?

goeasy's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$125 Mil) to Dec. 2023 (C$126 Mil) and increased from Dec. 2023 (C$126 Mil) to Mar. 2024 (C$131 Mil).

goeasy's annual accounts payable & accrued expense declined from Dec. 2021 (C$104 Mil) to Dec. 2022 (C$76 Mil) but then increased from Dec. 2022 (C$76 Mil) to Dec. 2023 (C$126 Mil).

goeasy Accounts Payable & Accrued Expense Historical Data

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

goeasy Annual Data

Trend

Dec14

Dec15

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.34

69.22

103.82

76.26

125.94

goeasy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															87.65	80.76	125.25	125.94	130.66

goeasy 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.

goeasy (TSX:GSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (TSX:GSY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EHMEF:USA 1ES:Germany

Address

33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5

Website

https://www.goeasy.com

goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

Executives

David Ingram

Director, Senior Officer