Destiny Media Technologies (TSXV:DSY) Accounts Payable & Accrued Expense : C$0.59 Mil (As of Feb. 2025)

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What is Destiny Media Technologies Accounts Payable & Accrued Expense?

Destiny Media Technologies's quarterly accounts payable & accrued expense declined from Aug. 2024 (C$0.66 Mil) to Nov. 2024 (C$0.59 Mil) and declined from Nov. 2024 (C$0.59 Mil) to Feb. 2025 (C$0.59 Mil).

Destiny Media Technologies's annual accounts payable & accrued expense declined from Aug. 2022 (C$0.56 Mil) to Aug. 2023 (C$0.51 Mil) but then increased from Aug. 2023 (C$0.51 Mil) to Aug. 2024 (C$0.66 Mil).

Destiny Media Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Destiny Media Technologies'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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Destiny Media Technologies Accounts Payable & Accrued Expense Chart

Destiny Media Technologies Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Accounts Payable & Accrued Expense

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0.63

0.65

0.56

0.51

0.66

Destiny Media Technologies Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.53	0.53	0.66	0.59	0.59

Destiny Media Technologies 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.

Destiny Media Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Destiny Media Technologies Inc (TSXV:DSY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DSNY:USA DME1:Germany

Address

1575 West Georgia Street, Suite 428, Vancouver, BC, CAN, V6G 2V3

Website

https://www.dsny.com

Destiny Media Technologies Inc is a provider of secure digital content distribution and promotion solutions. The company operates solely in the digital media software segment. Its predominant services are; Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers; MTR, a digital tracking service that tracks and reports the number and times an individual track is played; and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking, and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers. Geographically, the company derives maximum revenue from Canada.