Tornado Global Hydrovacs (TSXV:TGH) Accounts Payable & Accrued Expense : C$19.9 Mil (As of Mar. 2024)

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What is Tornado Global Hydrovacs Accounts Payable & Accrued Expense?

Tornado Global Hydrovacs's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$17.5 Mil) to Dec. 2023 (C$14.9 Mil) but then increased from Dec. 2023 (C$14.9 Mil) to Mar. 2024 (C$19.9 Mil).

Tornado Global Hydrovacs's annual accounts payable & accrued expense increased from Dec. 2021 (C$7.1 Mil) to Dec. 2022 (C$14.4 Mil) and increased from Dec. 2022 (C$14.4 Mil) to Dec. 2023 (C$14.9 Mil).

Tornado Global Hydrovacs Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tornado Global Hydrovacs'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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Tornado Global Hydrovacs Accounts Payable & Accrued Expense Chart

Tornado Global Hydrovacs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.95

4.02

7.14

14.43

14.87

Tornado Global Hydrovacs 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															16.64	17.16	17.47	14.87	19.88

Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs (TSXV:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tornado Global Hydrovacs Ltd (TSXV:TGH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TGHLF:USA

Address

7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6

Website

https://www.tghl.ca

Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.

Executives

Alastair James Robertson

Senior Officer