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Amica Mature Lifestyles (TSX:ACC) Accounts Payable & Accrued Expense : C$15.5 Mil (As of Aug. 2015)


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What is Amica Mature Lifestyles Accounts Payable & Accrued Expense?

Amica Mature Lifestyles's quarterly accounts payable & accrued expense increased from Feb. 2015 (C$12.5 Mil) to May. 2015 (C$15.2 Mil) and increased from May. 2015 (C$15.2 Mil) to Aug. 2015 (C$15.5 Mil).

Amica Mature Lifestyles's annual accounts payable & accrued expense declined from May. 2013 (C$306.4 Mil) to May. 2014 (C$13.5 Mil) but then increased from May. 2014 (C$13.5 Mil) to May. 2015 (C$15.2 Mil).


Amica Mature Lifestyles Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Accounts Payable & Accrued Expense Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.18 95.89 306.38 13.48 15.24

Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 277.50 12.81 12.54 15.24 15.50

Amica Mature Lifestyles 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.


Amica Mature Lifestyles (TSX:ACC) Business Description

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Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.