Tantalus Systems Holding (TSX:GRID) Accounts Payable & Accrued Expense : C$15.97 Mil (As of Dec. 2023)

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What is Tantalus Systems Holding Accounts Payable & Accrued Expense?

Tantalus Systems Holding's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$17.26 Mil) to Sep. 2023 (C$19.36 Mil) but then declined from Sep. 2023 (C$19.36 Mil) to Dec. 2023 (C$15.97 Mil).

Tantalus Systems Holding's annual accounts payable & accrued expense increased from Dec. 2021 (C$9.34 Mil) to Dec. 2022 (C$14.45 Mil) and increased from Dec. 2022 (C$14.45 Mil) to Dec. 2023 (C$15.97 Mil).

Tantalus Systems Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tantalus Systems Holding'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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Tantalus Systems Holding Accounts Payable & Accrued Expense Chart

Tantalus Systems Holding Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

9.34

14.45

15.97

Tantalus Systems Holding Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										14.45	15.41	17.26	19.36	15.97

Tantalus Systems Holding 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.

Tantalus Systems Holding (TSX:GRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (TSX:GRID) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TNTLF:USA

Address

3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3

Website

https://www.tantalus.com

Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.

Executives

Peter Londa

Director, Senior Officer