Farmers Edge (TSX:FDGE) Accounts Payable & Accrued Expense : C$11.29 Mil (As of Sep. 2023)

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What is Farmers Edge Accounts Payable & Accrued Expense?

Farmers Edge's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$11.79 Mil) to Jun. 2023 (C$10.77 Mil) but then increased from Jun. 2023 (C$10.77 Mil) to Sep. 2023 (C$11.29 Mil).

Farmers Edge's annual accounts payable & accrued expense declined from Dec. 2020 (C$35.34 Mil) to Dec. 2021 (C$17.46 Mil) and declined from Dec. 2021 (C$17.46 Mil) to Dec. 2022 (C$12.42 Mil).

Farmers Edge Accounts Payable & Accrued Expense Historical Data

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

Farmers Edge Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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31.26

30.57

35.34

17.46

12.42

Farmers Edge Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														13.16	12.42	11.79	10.77	11.29

Farmers Edge 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.

Farmers Edge (TSX:FDGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Farmers Edge Inc (TSX:FDGE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FMEGF:USA 8QI:Germany

Address

25 Rothwell Road, Winnipeg, MB, CAN, R3P 2M5

Website

https://www.farmersedge.ca

Farmers Edge Inc provides digital agriculture services. It has two reportable segments which have digital agronomy operations and e-commerce operations. Digital Agronomy Operations offers growers a comprehensive suite of digital agronomy solutions, sold in five key subscription levels and billed annually per acre. The e-commerce business includes the sale of agricultural products through online marketplaces. The majority of the revenue of firms comes from its digital agronomy operations segment.

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