Drone Delivery Canada (TSXV:FLT) Accounts Payable & Accrued Expense : C$0.61 Mil (As of Mar. 2024)

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What is Drone Delivery Canada Accounts Payable & Accrued Expense?

Drone Delivery Canada's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$0.80 Mil) to Dec. 2023 (C$0.60 Mil) but then increased from Dec. 2023 (C$0.60 Mil) to Mar. 2024 (C$0.61 Mil).

Drone Delivery Canada's annual accounts payable & accrued expense declined from Dec. 2021 (C$1.39 Mil) to Dec. 2022 (C$0.91 Mil) and declined from Dec. 2022 (C$0.91 Mil) to Dec. 2023 (C$0.60 Mil).

Drone Delivery Canada Accounts Payable & Accrued Expense Historical Data

The historical data trend for Drone Delivery Canada'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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Drone Delivery Canada Accounts Payable & Accrued Expense Chart

Drone Delivery Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.55

1.62

1.39

0.91

0.60

Drone Delivery Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.94	0.61	0.80	0.60	0.61

Drone Delivery Canada 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.

Drone Delivery Canada (TSXV:FLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Drone Delivery Canada Corp (TSXV:FLT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TAKOF:USA ABBA:Germany

Address

6-6221 Highway 7, Vaughan, ON, CAN, L4H 0K8

Website

https://www.dronedeliverycanada.com

Drone Delivery Canada Corp is a developmental technology company. It focuses on designing, developing, and implementing a commercially viable drone delivery system within Canadian geography. The company develops drone technology to provide retailers, service organizations, and government agencies a just in time delivery service. It provides a few service options such as Depot to Depot which is focused on rural applications providing services from warehouse to warehouse and Depot to consumer offering logistics services from a retailer and warehouse direct to a consumer's home or business location.

Executives

Michael Della Fortuna

Director

Drone Delivery Canada (TSXV:FLT) Headlines

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