Impact Development Group (TSXV:IMPT) Accounts Payable & Accrued Expense : C$1.47 Mil (As of Jun. 2023)

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What is Impact Development Group Accounts Payable & Accrued Expense?

Impact Development Group's quarterly accounts payable & accrued expense increased from Jun. 2022 (C$0.00 Mil) to Dec. 2022 (C$1.85 Mil) but then declined from Dec. 2022 (C$1.85 Mil) to Jun. 2023 (C$1.47 Mil).

Impact Development Group's annual accounts payable & accrued expense declined from Dec. 2020 (C$1.78 Mil) to Dec. 2021 (C$0.74 Mil) but then increased from Dec. 2021 (C$0.74 Mil) to Dec. 2022 (C$1.85 Mil).

Impact Development Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Impact Development Group'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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Impact Development Group Accounts Payable & Accrued Expense Chart

Impact Development Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

3.36

1.78

0.74

1.85

Impact Development Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.78	0.74	-	1.85	1.47

Impact Development Group 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.

Impact Development Group (TSXV:IMPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Impact Development Group Inc (TSXV:IMPT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN

Website

https://www.ihcpanama.com

Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

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