Tokens.com (TSXV:COIN) Accounts Payable & Accrued Expense : C$0.37 Mil (As of Dec. 2023)

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What is Tokens.com Accounts Payable & Accrued Expense?

Tokens.com's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$1.23 Mil) to Sep. 2023 (C$0.70 Mil) and declined from Sep. 2023 (C$0.70 Mil) to Dec. 2023 (C$0.37 Mil).

Tokens.com's annual accounts payable & accrued expense declined from Dec. 2021 (C$2.09 Mil) to Sep. 2022 (C$0.00 Mil) but then increased from Sep. 2022 (C$0.00 Mil) to Sep. 2023 (C$0.70 Mil).

Tokens.com Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tokens.com'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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Tokens.com Accounts Payable & Accrued Expense Chart

Tokens.com Annual Data

Trend

Dec20

Dec21

Sep22

Sep23

Accounts Payable & Accrued Expense

0.06

2.09

0.70

Tokens.com Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.76	0.91	1.23	0.70	0.37

Tokens.com 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.

Tokens.com (TSXV:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokens.com Corp (TSXV:COIN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SMURF:USA 76M:Germany

Address

100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

https://www.tokens.com

Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.