Smart Employee Benefits (Smart Employee Benefits) Accounts Payable & Accrued Expense : $11.15 Mil (As of Aug. 2022)

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What is Smart Employee Benefits Accounts Payable & Accrued Expense?

Smart Employee Benefits's quarterly accounts payable & accrued expense increased from Feb. 2022 ($10.18 Mil) to May. 2022 ($10.19 Mil) and increased from May. 2022 ($10.19 Mil) to Aug. 2022 ($11.15 Mil).

Smart Employee Benefits's annual accounts payable & accrued expense declined from Nov. 2019 ($11.34 Mil) to Nov. 2020 ($8.20 Mil) but then increased from Nov. 2020 ($8.20 Mil) to Nov. 2021 ($9.13 Mil).

Smart Employee Benefits Accounts Payable & Accrued Expense Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits Accounts Payable & Accrued Expense Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Accounts Payable & Accrued Expense

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16.73

13.16

11.34

8.20

9.13

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.36	9.13	10.18	10.19	11.15

Smart Employee Benefits 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.

Smart Employee Benefits (Smart Employee Benefits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (OTCPK:SEBFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.