Everybody Loves Languages (TSXV:ELL) Accounts Payable & Accrued Expense : C$0.18 Mil (As of Sep. 2021)

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What is Everybody Loves Languages Accounts Payable & Accrued Expense?

Everybody Loves Languages's quarterly accounts payable & accrued expense declined from Mar. 2021 (C$0.22 Mil) to Jun. 2021 (C$0.21 Mil) and declined from Jun. 2021 (C$0.21 Mil) to Sep. 2021 (C$0.18 Mil).

Everybody Loves Languages's annual accounts payable & accrued expense declined from Dec. 2018 (C$0.48 Mil) to Dec. 2019 (C$0.42 Mil) and declined from Dec. 2019 (C$0.42 Mil) to Dec. 2020 (C$0.22 Mil).

Everybody Loves Languages Accounts Payable & Accrued Expense Historical Data

The historical data trend for Everybody Loves Languages'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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Everybody Loves Languages Accounts Payable & Accrued Expense Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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0.52

0.64

0.48

0.42

0.22

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.20	0.22	0.22	0.21	0.18

Everybody Loves Languages 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.

Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

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