Two Hands (XCNQ:TWOH) Accounts Payable & Accrued Expense : C$1.79 Mil (As of Mar. 2024)

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What is Two Hands Accounts Payable & Accrued Expense?

Two Hands's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$1.42 Mil) to Dec. 2023 (C$1.89 Mil) but then declined from Dec. 2023 (C$1.89 Mil) to Mar. 2024 (C$1.79 Mil).

Two Hands's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.69 Mil) to Dec. 2022 (C$1.01 Mil) and increased from Dec. 2022 (C$1.01 Mil) to Dec. 2023 (C$1.89 Mil).

Two Hands Accounts Payable & Accrued Expense Historical Data

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

Two Hands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.11

0.35

0.69

1.01

1.89

Two Hands 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															1.00	1.12	1.42	1.89	1.79

Two Hands 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.

Two Hands (XCNQ:TWOH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Two Hands Corp (XCNQ:TWOH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TWOH:USA

Address

1035 Queensway East, Mississauga, ON, CAN, L4Y 4C1

Website

https://www.twohandsgroup.com

Two Hands Corporation is a custom application development company in the digital technologies sector. The company delivers diversified solutions to companies in North America. It has three business divisions namely gocart.city, Grocery Originals, and Cuore Food Services. gocart.city is the company's online delivery marketplace, allowing consumers to shop online and have their groceries delivered. Grocery Originals is the company's brick-and-mortar grocery store located in Mississauga Ontario at the site of the company's warehouse. Cuore Food Services is the company's wholesale food distribution branch.