Parkit Enterprise (Parkit Enterprise) Accounts Payable & Accrued Expense : $2.47 Mil (As of Mar. 2024)

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What is Parkit Enterprise Accounts Payable & Accrued Expense?

Parkit Enterprise's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2.02 Mil) to Dec. 2023 ($2.27 Mil) and increased from Dec. 2023 ($2.27 Mil) to Mar. 2024 ($2.47 Mil).

Parkit Enterprise's annual accounts payable & accrued expense increased from Dec. 2021 ($1.32 Mil) to Dec. 2022 ($2.77 Mil) but then declined from Dec. 2022 ($2.77 Mil) to Dec. 2023 ($2.27 Mil).

Parkit Enterprise Accounts Payable & Accrued Expense Historical Data

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

Parkit Enterprise Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.06

0.28

1.32

2.77

2.27

Parkit Enterprise Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.26	2.38	2.02	2.27	2.47

Parkit Enterprise 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.

Parkit Enterprise (Parkit Enterprise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Parkit Enterprise Inc (OTCPK:PKTEF) » Definitions » Accounts Payable & Accrued Expense

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PKT:Canada

Address

100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5

Website

https://www.parkitenterprise.com

Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.