Converge Technology Solutions (TSX:CTS) Change In Payables And Accrued Expense : C$186 Mil (TTM As of Mar. 2024)

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What is Converge Technology Solutions Change In Payables And Accrued Expense?

Converge Technology Solutions's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was C$69 Mil. It means Converge Technology Solutions's Accounts Payable & Accrued Expense increased by C$69 Mil from Dec. 2023 to Mar. 2024 .

Converge Technology Solutions's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was C$111 Mil. It means Converge Technology Solutions's Accounts Payable & Accrued Expense increased by C$111 Mil from Dec. 2022 to Dec. 2023 .

Converge Technology Solutions Change In Payables And Accrued Expense Historical Data

The historical data trend for Converge Technology Solutions's Change In Payables And 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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Converge Technology Solutions Change In Payables And Accrued Expense Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Payables And Accrued Expense

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42.84

120.99

20.76

33.17

111.33

Converge Technology Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															0.78	-	84.13	32.96	68.55

Converge Technology Solutions Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$186 Mil.

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Converge Technology Solutions (TSX:CTS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Executives

Toni Rinow

Director