Olympia Financial Group (TSX:OLY) Accounts Payable & Accrued Expense : C$7.43 Mil (As of Sep. 2023)

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What is Olympia Financial Group Accounts Payable & Accrued Expense?

Olympia Financial Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$6.18 Mil) to Jun. 2023 (C$6.63 Mil) and increased from Jun. 2023 (C$6.63 Mil) to Sep. 2023 (C$7.43 Mil).

Olympia Financial Group's annual accounts payable & accrued expense declined from Dec. 2020 (C$2.95 Mil) to Dec. 2021 (C$2.91 Mil) but then increased from Dec. 2021 (C$2.91 Mil) to Dec. 2022 (C$4.17 Mil).

Olympia Financial Group Accounts Payable & Accrued Expense Historical Data

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

Olympia Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2.59

3.21

2.95

2.91

4.17

Olympia Financial Group 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															5.33	4.17	6.18	6.63	7.43

Olympia Financial 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.

Olympia Financial Group (TSX:OLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Olympia Financial Group Inc (TSX:OLY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

4000, 520 - 3rd Avenue SW, Calgary, AB, CAN, T2P 0R3

Website

https://www.olympiafinancial.com

Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.

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