The Mint (The Mint) Accounts Payable & Accrued Expense : $0.36 Mil (As of Sep. 2023)

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What is The Mint Accounts Payable & Accrued Expense?

The Mint's quarterly accounts payable & accrued expense declined from Mar. 2023 ($0.43 Mil) to Jun. 2023 ($0.35 Mil) but then increased from Jun. 2023 ($0.35 Mil) to Sep. 2023 ($0.36 Mil).

The Mint's annual accounts payable & accrued expense increased from Dec. 2020 ($5.09 Mil) to Dec. 2021 ($5.27 Mil) but then declined from Dec. 2021 ($5.27 Mil) to Dec. 2022 ($0.38 Mil).

The Mint Accounts Payable & Accrued Expense Historical Data

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

The Mint Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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4.79

5.02

5.09

5.27

0.38

The Mint Quarterly Data
	Dec18	Mar19	Jun19	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															0.32	0.38	0.43	0.35	0.36

The Mint 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.

The Mint (The Mint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » The Mint Corp (OTCPK:MITJF) » Definitions » Accounts Payable & Accrued Expense

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MIT:Canada

Address

333 Bay Street, Suite 1700, Toronto, ON, CAN, M5H 2R2

Website

https://www.themintcorp.com

The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments.

The Mint (The Mint) Headlines

From GuruFocus

Mint Closes the Debt Conversion Transaction, Strengthens Its Balance Sheet and Reduces Its Debt By $39 Million

By GlobeNewswire GlobeNewswire • 05-31-2018

Mint Presents at StableView TECH18, a Prominent Canadian Technology Conference

By GlobeNewswire GlobeNewswire • 10-09-2018

The Mint Corporation to Collaborate with Interac Corp. in UAE

By GlobeNewswire GlobeNewswire • 04-14-2018

Mint Announces Promissory Note Offering to Raise Up to $2,500,000

By GlobeNewswire GlobeNewswire • 08-10-2018

Mint Announces Private Placement Closing

By GlobeNewswire GlobeNewswire • 08-31-2018