Goodfellow (TSX:GDL) Accounts Payable & Accrued Expense : C$49.2 Mil (As of Feb. 2024)

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What is Goodfellow Accounts Payable & Accrued Expense?

Goodfellow's quarterly accounts payable & accrued expense increased from Aug. 2023 (C$37.6 Mil) to Nov. 2023 (C$37.6 Mil) and increased from Nov. 2023 (C$37.6 Mil) to Feb. 2024 (C$49.2 Mil).

Goodfellow's annual accounts payable & accrued expense declined from Nov. 2021 (C$46.9 Mil) to Nov. 2022 (C$36.3 Mil) but then increased from Nov. 2022 (C$36.3 Mil) to Nov. 2023 (C$37.6 Mil).

Goodfellow Accounts Payable & Accrued Expense Historical Data

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

Goodfellow Annual Data

Trend

Aug13

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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30.64

46.61

46.92

36.29

37.62

Goodfellow Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															43.34	36.55	37.55	37.62	49.24

Goodfellow 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.

Goodfellow (TSX:GDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Goodfellow Inc (TSX:GDL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Goodfellow Street, Delson, QC, CAN, J5B 1V5

Website

https://www.goodfellowinc.com

Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.

Executives

Robert F. Hall

Director