Softchoice (TSX:SFTC) Accounts Payable & Accrued Expense : C$663 Mil (As of Mar. 2024)

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What is Softchoice Accounts Payable & Accrued Expense?

Softchoice's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$413 Mil) to Dec. 2023 (C$558 Mil) and increased from Dec. 2023 (C$558 Mil) to Mar. 2024 (C$663 Mil).

Softchoice's annual accounts payable & accrued expense increased from Dec. 2021 (C$527 Mil) to Dec. 2022 (C$535 Mil) and increased from Dec. 2022 (C$535 Mil) to Dec. 2023 (C$558 Mil).

Softchoice Accounts Payable & Accrued Expense Historical Data

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

Softchoice Annual Data

Trend

Dec07

Dec08

Dec09

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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261.89

421.44

527.20

534.86

558.28

Softchoice Quarterly Data
	Jun12	Sep12	Dec12	Mar13	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															418.47	480.67	412.77	558.28	662.58

Softchoice 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.

Softchoice (TSX:SFTC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Softchoice Corp (TSX:SFTC) » Definitions » Accounts Payable & Accrued Expense

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SFTCF:USA

Address

173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7

Website

https://www.softchoice.com

Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.

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