CLPMF (Clip Money) Accounts Payable & Accrued Expense : $1.49 Mil (As of Mar. 2025)

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What is Clip Money Accounts Payable & Accrued Expense?

Clip Money's quarterly accounts payable & accrued expense increased from Sep. 2024 ($0.41 Mil) to Dec. 2024 ($1.28 Mil) and increased from Dec. 2024 ($1.28 Mil) to Mar. 2025 ($1.49 Mil).

Clip Money's annual accounts payable & accrued expense declined from Dec. 2022 ($1.57 Mil) to Dec. 2023 ($0.52 Mil) but then increased from Dec. 2023 ($0.52 Mil) to Dec. 2024 ($1.28 Mil).

Clip Money Accounts Payable & Accrued Expense Historical Data

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

Clip Money Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

0.97

1.57

0.52

1.28

Clip Money Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											0.53	0.41	0.41	1.28	1.49

Clip Money 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.

Clip Money Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (OTCPK:CLPMF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CLIP:Canada

Address

96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2

Website

https://www.clipmoney.com

Clip Money Inc is a Canadian-based company principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. A network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. The company has one operating segment, which is providing a proprietary deposit network to businesses located across North America. The company combines functional hardware, an intuitive mobile app, and a cloud-based transaction engine that maximizes business banking transactions. It also facilitates mobile change orders, which are fully insured and shipped within one to two business days.