AutoCanada (TSX:ACQ) Accounts Payable & Accrued Expense : C$238 Mil (As of Dec. 2023)

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What is AutoCanada Accounts Payable & Accrued Expense?

AutoCanada's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$226 Mil) to Sep. 2023 (C$262 Mil) but then declined from Sep. 2023 (C$262 Mil) to Dec. 2023 (C$238 Mil).

AutoCanada's annual accounts payable & accrued expense increased from Dec. 2021 (C$193 Mil) to Dec. 2022 (C$244 Mil) but then declined from Dec. 2022 (C$244 Mil) to Dec. 2023 (C$238 Mil).

AutoCanada Accounts Payable & Accrued Expense Historical Data

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

AutoCanada Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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134.97

142.54

192.85

243.65

238.43

AutoCanada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															243.65	240.72	226.42	261.67	238.43

AutoCanada 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.

AutoCanada (TSX:ACQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoCanada Inc (TSX:ACQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AOCIF:USA

Address

15511 123 Avenue NW, Suite 200, Edmonton, AB, CAN, T5V 0C3

Website

https://www.autocan.ca

AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru. The majority of revenue is generated in the new-vehicles sales segment.

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