Yorkton Equity Group (TSXV:YEG) Accounts Payable & Accrued Expense

: C$0.54 Mil (As of Sep. 2023)

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Yorkton Equity Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$0.57 Mil) to Jun. 2023 (C$0.44 Mil) but then increased from Jun. 2023 (C$0.44 Mil) to Sep. 2023 (C$0.54 Mil).

Yorkton Equity Group's annual accounts payable & accrued expense increased from Dec. 2020 (C$0.37 Mil) to Dec. 2021 (C$0.61 Mil) but then declined from Dec. 2021 (C$0.61 Mil) to Dec. 2022 (C$0.44 Mil).

Yorkton Equity Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yorkton Equity 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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Yorkton Equity Group Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.37

0.61

0.44

Yorkton Equity Group Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense												0.32	0.44	0.57	0.44	0.54

Yorkton Equity 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.

Yorkton Equity Group (TSXV:YEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yorkton Equity Group Inc (TSXV:YEG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10180 - 101 Street NW, 3165 Manulfie Place, Edmonton, AB, CAN, T5J 3S4

Website

https://www.yorktonequitygroup.com

Yorkton Equity Group Inc is a fully integrated, growth-oriented real estate investment company committed to providing shareholders with investment opportunities through the accretive acquisitions of multi-family revenue properties in strategic markets across Canada, with its current focus in Western Canada. YEG's focus is to acquire and manage multi-family revenue properties in growing strategic markets across Canada with strong economic fundamentals and to grow the Net Operating Income (NOI) and the Net Asset Value (NAV) of its revenue property portfolio.

Yorkton Equity Group (TSXV:YEG) Headlines

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