Thinkific Labs (TSX:THNC) Accounts Payable & Accrued Expense : C$4.15 Mil (As of Mar. 2024)

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What is Thinkific Labs Accounts Payable & Accrued Expense?

Thinkific Labs's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$3.15 Mil) to Dec. 2023 (C$3.50 Mil) and increased from Dec. 2023 (C$3.50 Mil) to Mar. 2024 (C$4.15 Mil).

Thinkific Labs's annual accounts payable & accrued expense increased from Dec. 2021 (C$3.59 Mil) to Dec. 2022 (C$4.59 Mil) but then declined from Dec. 2022 (C$4.59 Mil) to Dec. 2023 (C$3.50 Mil).

Thinkific Labs Accounts Payable & Accrued Expense Historical Data

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

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.46

1.50

3.59

4.59

3.50

Thinkific Labs Quarterly Data
	Dec18	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														5.46	2.98	3.15	3.50	4.15

Thinkific Labs 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.

Thinkific Labs (TSX:THNC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinkific Labs Inc (TSX:THNC) » Definitions » Accounts Payable & Accrued Expense

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THNCF:USA 5S0:Germany

Address

369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website

https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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