Reko International Group (TSXV:REKO) Accounts Payable & Accrued Expense : C$4.15 Mil (As of Jan. 2024)

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What is Reko International Group Accounts Payable & Accrued Expense?

Reko International Group's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$4.16 Mil) to Oct. 2023 (C$5.38 Mil) but then declined from Oct. 2023 (C$5.38 Mil) to Jan. 2024 (C$4.15 Mil).

Reko International Group's annual accounts payable & accrued expense increased from Jul. 2021 (C$4.75 Mil) to Jul. 2022 (C$6.82 Mil) but then declined from Jul. 2022 (C$6.82 Mil) to Jul. 2023 (C$4.16 Mil).

Reko International Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Reko International Group'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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Reko International Group Accounts Payable & Accrued Expense Chart

Reko International Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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3.42

4.43

4.75

6.82

4.16

Reko International Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.91	3.62	4.16	5.38	4.15

Reko International Group 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.

Reko International Group (TSXV:REKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reko International Group Inc (TSXV:REKO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RKIGF:USA

Address

469 Silver Creek Industrial Drive, Lakeshore, ON, CAN, N8N 4W2

Website

https://www.rekointl.com

Reko International Group Inc is a Canada-based company engaged in the activities of robotic factory automation solutions, precision machining of large, critical parts, and plastic injection, and low compression acoustic tooling. The business divisions of the group are Automation, design and build, Tool and mold manufacturing, and Precision Machining. It supplies factory automation services in Canada. The company also provides machining, tooling, and engineering services. Precision machining relates to precision, custom machining of castings, and assemblies. Its geographical segments include Canada, which is the key revenue driver; and the United States.

Executives

Lauren Beaudoin

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Reko International Group (TSXV:REKO) Headlines

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