GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » iFabric Corp (OTCPK:IFABF) » Definitions » Accounts Payable & Accrued Expense

iFabric (iFabric) Accounts Payable & Accrued Expense : $1.09 Mil (As of Jun. 2023)


View and export this data going back to 2013. Start your Free Trial

What is iFabric Accounts Payable & Accrued Expense?

iFabric's quarterly accounts payable & accrued expense declined from Dec. 2022 ($2.29 Mil) to Mar. 2023 ($1.36 Mil) and declined from Mar. 2023 ($1.36 Mil) to Jun. 2023 ($1.09 Mil).

iFabric's annual accounts payable & accrued expense increased from Sep. 2019 ($0.60 Mil) to Sep. 2020 ($1.57 Mil) and increased from Sep. 2020 ($1.57 Mil) to Sep. 2021 ($2.51 Mil).


iFabric Accounts Payable & Accrued Expense Historical Data

The historical data trend for iFabric'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.

* Premium members only.

iFabric Accounts Payable & Accrued Expense Chart

iFabric Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 0.90 0.60 1.57 2.51

iFabric Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.50 2.02 2.29 1.36 1.09

iFabric 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.


iFabric (iFabric) Business Description

Traded in Other Exchanges
Address
525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8
iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.