Taiga Motors (TSX:TAIG) Accounts Payable & Accrued Expense : C$16.26 Mil (As of Mar. 2024)

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What is Taiga Motors Accounts Payable & Accrued Expense?

Taiga Motors's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$16.11 Mil) to Dec. 2023 (C$14.96 Mil) but then increased from Dec. 2023 (C$14.96 Mil) to Mar. 2024 (C$16.26 Mil).

Taiga Motors's annual accounts payable & accrued expense increased from Dec. 2021 (C$8.54 Mil) to Dec. 2022 (C$11.65 Mil) and increased from Dec. 2022 (C$11.65 Mil) to Dec. 2023 (C$14.96 Mil).

Taiga Motors Accounts Payable & Accrued Expense Historical Data

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

Taiga Motors Annual Data

Trend

May17

May18

May19

May20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.15

0.18

8.54

11.65

14.96

Taiga Motors Quarterly Data
	May18	May19	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														10.97	9.18	16.11	14.96	16.26

Taiga Motors 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.

Taiga Motors (TSX:TAIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (TSX:TAIG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TAIMF:USA

Address

2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8

Website

https://www.taigamotors.com

Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

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