DeFi Technologies (NEOE:DEFI) Accounts Payable & Accrued Expense : C$917.21 Mil (As of Mar. 2024)

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What is DeFi Technologies Accounts Payable & Accrued Expense?

DeFi Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$185.85 Mil) to Dec. 2023 (C$517.31 Mil) and increased from Dec. 2023 (C$517.31 Mil) to Mar. 2024 (C$917.21 Mil).

DeFi Technologies's annual accounts payable & accrued expense declined from Dec. 2021 (C$367.90 Mil) to Dec. 2022 (C$111.56 Mil) but then increased from Dec. 2022 (C$111.56 Mil) to Dec. 2023 (C$517.31 Mil).

DeFi Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for DeFi 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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DeFi Technologies Accounts Payable & Accrued Expense Chart

DeFi Technologies Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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1.80

0.99

367.90

111.56

517.31

DeFi Technologies 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															198.16	189.17	185.85	517.31	917.21

DeFi 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.

DeFi Technologies (NEOE:DEFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DeFi Technologies Inc (NEOE:DEFI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DEFTF:USA R9B:Germany

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.valour.com

DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.