Fintech Select (TSXV:FTEC) Accounts Payable & Accrued Expense : C$1.21 Mil (As of Dec. 2023)

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What is Fintech Select Accounts Payable & Accrued Expense?

Fintech Select's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1.21 Mil) to Sep. 2023 (C$1.23 Mil) but then declined from Sep. 2023 (C$1.23 Mil) to Dec. 2023 (C$1.21 Mil).

Fintech Select's annual accounts payable & accrued expense declined from Dec. 2021 (C$3.56 Mil) to Dec. 2022 (C$1.32 Mil) and declined from Dec. 2022 (C$1.32 Mil) to Dec. 2023 (C$1.21 Mil).

Fintech Select Accounts Payable & Accrued Expense Historical Data

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

Fintech Select Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.95

3.59

3.56

1.32

1.21

Fintech Select 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															1.32	1.29	1.21	1.23	1.21

Fintech Select 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.

Fintech Select (TSXV:FTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Select Ltd (TSXV:FTEC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SLXXF:USA Z1S1:Germany

Address

100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9

Website

https://www.fintechselect.com

Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Executives

Syed Naveed Ul Hassan

Director