Quorum Information Technologies (TSXV:QIS) Short-Term Capital Lease Obligation : C$0.44 Mil (As of Dec. 2023)

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What is Quorum Information Technologies Short-Term Capital Lease Obligation?

Quorum Information Technologies's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.44 Mil.

Quorum Information Technologies's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 (C$0.44 Mil) to Sep. 2023 (C$0.41 Mil) but then increased from Sep. 2023 (C$0.41 Mil) to Dec. 2023 (C$0.44 Mil).

Quorum Information Technologies's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (C$0.41 Mil) to Dec. 2022 (C$0.42 Mil) and increased from Dec. 2022 (C$0.42 Mil) to Dec. 2023 (C$0.44 Mil).

Quorum Information Technologies Short-Term Capital Lease Obligation Historical Data

The historical data trend for Quorum Information Technologies's Short-Term Capital Lease Obligation 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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Quorum Information Technologies Short-Term Capital Lease Obligation Chart

Quorum Information Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.07

0.49

0.41

0.42

0.44

Quorum Information Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.42	0.32	0.44	0.41	0.44

Quorum Information Technologies Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

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Quorum Information Technologies (TSXV:QIS) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Quorum Information Technologies Inc (TSXV:QIS) » Definitions » Short-Term Capital Lease Obligation

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QIFTF:USA

Address

7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9

Website

https://quoruminformationsystems.com

Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM" system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company works with original equipment manufacturers to bring integration between the auto manufacturers and the systems that dealers use. The Company operates in one segment, the computer network, and the business software industry. Its geographical segments are Canada and the United States.