Shift (SFTTF) Accounts Payable & Accrued Expense : $28.7 Mil (As of Feb. 2025)

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What is Shift Accounts Payable & Accrued Expense?

Shift's quarterly accounts payable & accrued expense declined from Aug. 2024 ($39.4 Mil) to Nov. 2024 ($19.5 Mil) but then increased from Nov. 2024 ($19.5 Mil) to Feb. 2025 ($28.7 Mil).

Shift's annual accounts payable & accrued expense increased from Aug. 2022 ($36.7 Mil) to Aug. 2023 ($49.3 Mil) but then declined from Aug. 2023 ($49.3 Mil) to Aug. 2024 ($39.4 Mil).

Shift Accounts Payable & Accrued Expense Historical Data

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

Shift Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Accounts Payable & Accrued Expense

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17.96

33.13

36.69

49.28

39.43

Shift Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															23.94	14.69	39.43	19.49	28.73

Shift 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.

Shift Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shift Inc (OTCPK:SFTTF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

3697:Japan 7CZ:Germany

Address

MASONIC 39 MT BUILDING, 2-4-5 Azabudai, Minato-ku, Tokyo, JPN, 106-0041

Website

http://www.shiftinc.jp

Shift Inc provides software testing services. The company's solutions include Test Design that takes into consideration of usability for the next project, and its seasoned test engineers provide support to test design such as building standard confirmation item. Test Run helps the customers to choose onsite or off-site implementation in accordance with the environment. MinTest is a website where people report bugs of social games and applications. It also provides other services such as CAT, Non-Functional Testing, Localization, and others related services.

Shift Headlines

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