Firan Technology Group (TSX:FTG) Accounts Payable & Accrued Expense : C$21.8 Mil (As of Feb. 2024)

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What is Firan Technology Group Accounts Payable & Accrued Expense?

Firan Technology Group's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$25.0 Mil) to Nov. 2023 (C$25.5 Mil) but then declined from Nov. 2023 (C$25.5 Mil) to Feb. 2024 (C$21.8 Mil).

Firan Technology Group's annual accounts payable & accrued expense increased from Nov. 2021 (C$13.8 Mil) to Nov. 2022 (C$15.6 Mil) and increased from Nov. 2022 (C$15.6 Mil) to Nov. 2023 (C$25.5 Mil).

Firan Technology Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Firan Technology Group'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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Firan Technology Group Accounts Payable & Accrued Expense Chart

Firan Technology Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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17.74

14.06

13.76

15.62

25.48

Firan Technology Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.43	22.53	24.96	25.48	21.85

Firan Technology Group 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.

Firan Technology Group (TSX:FTG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Firan Technology Group Corp (TSX:FTG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FTGFF:USA

Address

250 Finchdene Square, Finance Dept, Toronto, ON, CAN, M1X 1A5

Website

https://www.ftgcorp.com

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States. The majority of revenue is from the Circuit segment.

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