Pason Systems (TSX:PSI) Accounts Payable & Accrued Expense : C$70.6 Mil (As of Mar. 2025)

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What is Pason Systems Accounts Payable & Accrued Expense?

Pason Systems's quarterly accounts payable & accrued expense increased from Sep. 2024 (C$56.4 Mil) to Dec. 2024 (C$56.9 Mil) and increased from Dec. 2024 (C$56.9 Mil) to Mar. 2025 (C$70.6 Mil).

Pason Systems's annual accounts payable & accrued expense declined from Dec. 2022 (C$56.6 Mil) to Dec. 2023 (C$34.9 Mil) but then increased from Dec. 2023 (C$34.9 Mil) to Dec. 2024 (C$56.9 Mil).

Pason Systems Accounts Payable & Accrued Expense Historical Data

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

Pason Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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16.07

38.04

56.56

34.92

56.92

Pason Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															56.83	51.89	56.42	56.92	70.55

Pason Systems 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.

Pason Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (TSX:PSI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PSYTF:USA 3PS:Germany

Address

6130 Third Street South East, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.

Executives

Lars Olesen	Senior Officer
Ryan Van Beurden	Senior Officer
James Lee Bowzer	Director
Kevin Boston	Senior Officer
Russell Smith	Senior Officer
Bryce Mclean	Senior Officer
Jonathan Faber	Senior Officer
Natalie Fenez	Senior Officer
Marcel Kessler	Director
Celine Boston	Senior Officer
Kenneth Brandon Mullen	Director
James Douglas Hill	10% Security Holder, Director, Senior Officer
Timur Kuru	Senior Officer