Posera (TSX:PAY) Accounts Payable & Accrued Expense : C$1.37 Mil (As of Sep. 2019)

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What is Posera Accounts Payable & Accrued Expense?

Posera's quarterly accounts payable & accrued expense declined from Mar. 2019 (C$2.22 Mil) to Jun. 2019 (C$1.59 Mil) and declined from Jun. 2019 (C$1.59 Mil) to Sep. 2019 (C$1.37 Mil).

Posera's annual accounts payable & accrued expense increased from Dec. 2016 (C$3.11 Mil) to Dec. 2017 (C$3.23 Mil) but then declined from Dec. 2017 (C$3.23 Mil) to Dec. 2018 (C$2.07 Mil).

Posera Accounts Payable & Accrued Expense Historical Data

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

Posera Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

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Dec18

Accounts Payable & Accrued Expense

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3.05

3.45

3.11

3.23

2.07

Posera Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.98	2.07	2.22	1.59	1.37

Posera 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.

Posera (TSX:PAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Posera Ltd (TSX:PAY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

341 Talbot Street, London, ON, CAN, N6A 2R5

Website

https://www.posera.com

Posera Ltd is a Canada-based company, which is engaged in the business of managing merchant transactions with consumers and facilitating payments. The company develops and deploys touch screen point-of-sale (POS) system software and associated enterprise management tools and provides system hardware integration services, merchant staff training, system installation services and post-sale software and hardware support services. It derives most of its revenues from North America.