CounterPath (TSX:PATH) Accounts Payable & Accrued Expense : C$3.14 Mil (As of Oct. 2020)

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What is CounterPath Accounts Payable & Accrued Expense?

CounterPath's quarterly accounts payable & accrued expense declined from Apr. 2020 (C$3.21 Mil) to Jul. 2020 (C$3.12 Mil) but then increased from Jul. 2020 (C$3.12 Mil) to Oct. 2020 (C$3.14 Mil).

CounterPath's annual accounts payable & accrued expense declined from Apr. 2018 (C$3.18 Mil) to Apr. 2019 (C$3.06 Mil) but then increased from Apr. 2019 (C$3.06 Mil) to Apr. 2020 (C$3.21 Mil).

CounterPath Accounts Payable & Accrued Expense Historical Data

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

CounterPath Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Accounts Payable & Accrued Expense

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2.57

1.71

3.18

3.06

3.21

CounterPath Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.68	2.65	3.21	3.12	3.14

CounterPath 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.

CounterPath (TSX:PATH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CounterPath Corp (TSX:PATH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.counterpath.com

CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.