Premiumome (TSX:PIC.A) Accounts Payable & Accrued Expense : C$0.36 Mil (As of Oct. 2023)

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What is Premiumome Accounts Payable & Accrued Expense?

Premiumome's quarterly accounts payable & accrued expense increased from Oct. 2022 (C$0.31 Mil) to Apr. 2023 (C$0.32 Mil) and increased from Apr. 2023 (C$0.32 Mil) to Oct. 2023 (C$0.36 Mil).

Premiumome's annual accounts payable & accrued expense declined from Oct. 2021 (C$6.20 Mil) to Oct. 2022 (C$0.31 Mil) but then increased from Oct. 2022 (C$0.31 Mil) to Oct. 2023 (C$0.36 Mil).

Premiumome Accounts Payable & Accrued Expense Historical Data

The historical data trend for Premiumome'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.

* Premium members only.

Premiumome Accounts Payable & Accrued Expense Chart

Premiumome Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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6.20

0.31

0.36

Premiumome Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.20	0.32	0.31	0.32	0.36

Premiumome 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.

Premiumome (TSX:PIC.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premium Income Corp (TSX:PIC.A) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PIC.PR.A.PFD:Canada

Address

121 King Street West, Suite 2600, P.O. Box 113, Standard Life Centre, Toronto, ON, CAN, M5H 3T9

Website

https://www.mulvihill.com

Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.

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