Mogo (TSX:MOGO) Accounts Payable & Accrued Expense : C$24.66 Mil (As of Mar. 2024)

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What is Mogo Accounts Payable & Accrued Expense?

Mogo's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$23.43 Mil) to Dec. 2023 (C$13.66 Mil) but then increased from Dec. 2023 (C$13.66 Mil) to Mar. 2024 (C$24.66 Mil).

Mogo's annual accounts payable & accrued expense declined from Dec. 2021 (C$15.07 Mil) to Dec. 2022 (C$13.14 Mil) but then increased from Dec. 2022 (C$13.14 Mil) to Dec. 2023 (C$13.66 Mil).

Mogo Accounts Payable & Accrued Expense Historical Data

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

Mogo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.25

7.09

15.07

13.14

13.66

Mogo Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.02	21.04	23.43	13.66	24.66

Mogo 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.

Mogo (TSX:MOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mogo Inc (TSX:MOGO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MOGO:USA SGC:Germany

Address

2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.mogo.ca

Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.

Executives

David Marshall Feller

Director, Senior Officer