CGI (GIB) Accounts Payable & Accrued Expense : $795 Mil (As of Mar. 2024)

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What is CGI Accounts Payable & Accrued Expense?

CGI's quarterly accounts payable & accrued expense increased from Sep. 2023 ($869 Mil) to Dec. 2023 ($872 Mil) but then declined from Dec. 2023 ($872 Mil) to Mar. 2024 ($795 Mil).

CGI's annual accounts payable & accrued expense increased from Sep. 2021 ($830 Mil) to Sep. 2022 ($877 Mil) but then declined from Sep. 2022 ($877 Mil) to Sep. 2023 ($869 Mil).

CGI Accounts Payable & Accrued Expense Historical Data

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

CGI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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970.58

718.86

830.26

877.42

868.77

CGI 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															883.36	915.76	868.77	872.34	795.30

CGI 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.

CGI (GIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (NYSE:GIB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CJ5A:Germany GIB.A:Canada

Address

1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4

Website

https://www.cgi.com

CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.