IBI Group (TSX:IBG) Accounts Payable & Accrued Expense : C$50.5 Mil (As of Jun. 2022)

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What is IBI Group Accounts Payable & Accrued Expense?

IBI Group's quarterly accounts payable & accrued expense declined from Dec. 2021 (C$58.2 Mil) to Mar. 2022 (C$52.3 Mil) and declined from Mar. 2022 (C$52.3 Mil) to Jun. 2022 (C$50.5 Mil).

IBI Group's annual accounts payable & accrued expense increased from Dec. 2019 (C$46.0 Mil) to Dec. 2020 (C$59.0 Mil) but then declined from Dec. 2020 (C$59.0 Mil) to Dec. 2021 (C$58.2 Mil).

IBI Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for IBI 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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IBI Group Accounts Payable & Accrued Expense Chart

IBI Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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50.27

41.67

45.96

59.05

58.18

IBI Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															57.38	54.48	58.18	52.30	50.54

IBI 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.

IBI Group (TSX:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IBI Group Inc (TSX:IBG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

55 St. Clair Avenue West, 7th Floor, Toronto, ON, CAN, M4V 2Y7

Website

https://www.ibigroup.com

IBI Group Inc is a Canada-based engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its intelligence, buildings, and infrastructure business segments. It offers various services, including architecture, engineering, interiors, landscape architecture, planning, and urban design. Its geographical segments are Canada, the United States, the United Kingdom, and other International.

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