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WeCommerce Holdings (TSXV:WE) Accounts Payable & Accrued Expense : C$5.75 Mil (As of Dec. 2022)


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What is WeCommerce Holdings Accounts Payable & Accrued Expense?

WeCommerce Holdings's quarterly accounts payable & accrued expense declined from Jun. 2022 (C$5.52 Mil) to Sep. 2022 (C$5.21 Mil) but then increased from Sep. 2022 (C$5.21 Mil) to Dec. 2022 (C$5.75 Mil).

WeCommerce Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (C$5.53 Mil) to Dec. 2021 (C$24.81 Mil) but then declined from Dec. 2021 (C$24.81 Mil) to Dec. 2022 (C$5.75 Mil).


WeCommerce Holdings Accounts Payable & Accrued Expense Historical Data

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

WeCommerce Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
1.31 5.53 24.81 5.75

WeCommerce Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.81 10.80 5.52 5.21 5.75

WeCommerce Holdings 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.


WeCommerce Holdings (TSXV:WE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2
WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

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