EQB (EQGPF) Accounts Payable & Accrued Expense : $272.7 Mil (As of Jan. 2024)

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What is EQB Accounts Payable & Accrued Expense?

EQB's quarterly accounts payable & accrued expense increased from Mar. 2023 ($178.4 Mil) to Jun. 2023 ($220.4 Mil) and increased from Jun. 2023 ($220.4 Mil) to Jan. 2024 ($272.7 Mil).

EQB's annual accounts payable & accrued expense declined from Dec. 2019 ($120.2 Mil) to Dec. 2020 ($87.6 Mil) but then increased from Dec. 2020 ($87.6 Mil) to Dec. 2021 ($185.7 Mil).

EQB Accounts Payable & Accrued Expense Historical Data

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

EQB Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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128.38

102.59

120.24

87.56

185.75

EQB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															138.48	195.21	178.43	220.43	272.70

EQB 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.

EQB (EQGPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » EQB Inc (OTCPK:EQGPF) » Definitions » Accounts Payable & Accrued Expense

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Address

30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1

Website

https://www.eqbank.ca

EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.