Newgrowth (TSX:NEW.PR.D.PFD) Accounts Payable & Accrued Expense : C$0.01 Mil (As of Dec. 2018)

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What is Newgrowth Accounts Payable & Accrued Expense?

Newgrowth's quarterly accounts payable & accrued expense stayed the same from Dec. 2017 (C$0.01 Mil) to Jun. 2018 (C$0.01 Mil) and stayed the same from Jun. 2018 (C$0.01 Mil) to Dec. 2018 (C$0.01 Mil).

Newgrowth's annual accounts payable & accrued expense increased from Jun. 2016 (C$0.05 Mil) to Jun. 2017 (C$0.07 Mil) but then declined from Jun. 2017 (C$0.07 Mil) to Jun. 2018 (C$0.01 Mil).

Newgrowth Accounts Payable & Accrued Expense Historical Data

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

Newgrowth Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Accounts Payable & Accrued Expense

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0.80

0.01

0.05

0.07

0.01

Newgrowth Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	0.07	0.01	0.01	0.01

Newgrowth 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.

Newgrowth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Newgrowth Corp (TSX:NEW.PR.D.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 King Street West, P.O. Box 4085, Station A, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6

Website

http://www.scotiamanagedcompanies.com

Newgrowth Corp is a mutual fund corporation incorporated in Canada. The company holds a portfolio consisting of publicly listed common shares of selected Canadian chartered banks, telecommunications, oil and gas and pipeline and utility issuers. The policy of the company is to invest in Portfolio Shares and not engage in trading except in limited circumstances, including to fund retractions or redemptions of Capital Shares and Preferred Shares.

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