FirstService (TSX:FSV) Accounts Payable & Accrued Expense : C$571 Mil (As of Mar. 2024)

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What is FirstService Accounts Payable & Accrued Expense?

FirstService's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$543 Mil) to Dec. 2023 (C$624 Mil) but then declined from Dec. 2023 (C$624 Mil) to Mar. 2024 (C$571 Mil).

FirstService's annual accounts payable & accrued expense increased from Dec. 2021 (C$491 Mil) to Dec. 2022 (C$536 Mil) and increased from Dec. 2022 (C$536 Mil) to Dec. 2023 (C$624 Mil).

FirstService Accounts Payable & Accrued Expense Historical Data

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

FirstService Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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316.34

454.53

491.00

536.20

624.39

FirstService 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															512.82	554.91	543.29	624.39	570.93

FirstService 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.

FirstService (TSX:FSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FirstService Corp (TSX:FSV) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FSV:USA

Address

1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9

Website

https://www.firstservice.com

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

Executives

Jay Stewart Hennick

Director