Uniteds (TSX:UNC) Accounts Payable & Accrued Expense : C$8.7 Mil (As of Dec. 2023)

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What is Uniteds Accounts Payable & Accrued Expense?

Uniteds's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$8.2 Mil) to Sep. 2023 (C$15.9 Mil) but then declined from Sep. 2023 (C$15.9 Mil) to Dec. 2023 (C$8.7 Mil).

Uniteds's annual accounts payable & accrued expense declined from Mar. 2021 (C$45.4 Mil) to Mar. 2022 (C$11.6 Mil) and declined from Mar. 2022 (C$11.6 Mil) to Mar. 2023 (C$10.4 Mil).

Uniteds Accounts Payable & Accrued Expense Historical Data

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

Uniteds Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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36.28

7.51

45.40

11.57

10.38

Uniteds Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.88	10.38	8.18	15.85	8.68

Uniteds 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.

Uniteds (TSX:UNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » United Corporations Ltd (TSX:UNC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8

Website

https://www.ucorp.ca

United Corporations Ltd is a closed-end investment company. Its investment objective is to earn an above average rate of return through long-term capital appreciation and dividend income. The investment portfolio of the company comprises mainly foreign equities. It seeks long-term growth through investments in common equities cause management believes that in the long-term common equities will outperform fixed income instruments or balanced funds. The company invests primarily in United States, Europe, Asia, Canada, Australia, and Mexico.

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