Payfare (TSX:PAY) Marketable Securities : C$253.0 Mil (As of Mar. 2024)

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What is Payfare Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Payfare's Marketable Securities for the quarter that ended in Mar. 2024 was C$253.0 Mil.

Payfare's annual Marketable Securities stayed the same from Dec. 2021 (C$0.0 Mil) to Dec. 2022 (C$0.0 Mil) but then increased from Dec. 2022 (C$0.0 Mil) to Dec. 2023 (C$207.6 Mil).

Payfare Marketable Securities Historical Data

The historical data trend for Payfare's Marketable Securities 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 Marketable Securities Chart

Payfare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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207.59

Payfare Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															-	-	-	207.59	253.01

Payfare Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Payfare (TSX:PAY) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Payfare Marketable Securities Related Terms

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Payfare (TSX:PAY) Business Description

Industry

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

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.