Payfare (TSX:PAY) Accumulated Depreciation : C$-0.2 Mil (As of Mar. 2024)

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What is Payfare Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Payfare's quarterly accumulated depreciation declined from Sep. 2023 (C$-0.2 Mil) to Dec. 2023 (C$0.0 Mil) but then increased from Dec. 2023 (C$0.0 Mil) to Mar. 2024 (C$-0.2 Mil).

Payfare's annual accumulated depreciation increased from Dec. 2021 (C$-0.1 Mil) to Dec. 2022 (C$-0.2 Mil) but then stayed the same from Dec. 2022 (C$-0.2 Mil) to Dec. 2023 (C$0.0 Mil).

Payfare Accumulated Depreciation Historical Data

The historical data trend for Payfare's Accumulated Depreciation 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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Payfare Accumulated Depreciation Chart

Payfare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.29

-0.48

-0.07

-0.21

Payfare Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.25	-0.27	-0.16	-	-0.21

Payfare Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Payfare Accumulated Depreciation Related Terms

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Payfare (TSX:PAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Payfare Inc (TSX:PAY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PYFRF:USA S2R:Germany

Address

40 University Avenue, Suite 551, Toronto, ON, CAN, M5J 1T1

Website

https://corp.payfare.com

Payfare Inc is a global fintech company offering mobile banking, instant payment, and loyalty-reward solutions. Its financial technology platform is providing financial inclusion and empowerment to next-generation workers around the globe with a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. Some brands that use Payfare include Lyft, Uber, and DoorDash. Its geographical segments are Canada, the United States, and Mexico.