Canterbury Park Holding Corporation Accounts Payables 2011-2025 | CPHC

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Canterbury Park Holding Corporation

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
4.6 M	3.37 M	2.31 M	2.95 M	3.5 M	3.59 M	2.85 M	3.16 M	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
4.6 M	2.31 M	3.29 M

Quarterly Accounts Payables Canterbury Park Holding Corporation

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
3.41 M	4.43 M	2.88 M	3.67 M	5.78 M	4.72 M	-	4.6 M	3.51 M	3.39 M	2.09 M	3.37 M	3.95 M	4.12 M	2.66 M	2.31 M	3.73 M	3.73 M	1.94 M	2.95 M	2.95 M	2.95 M	2.95 M	3.5 M	3.5 M	3.5 M	3.5 M	3.59 M	3.59 M	3.59 M	3.59 M	2.85 M	2.85 M	2.85 M	2.85 M	2.52 M	2.52 M	2.52 M	2.59 M	2.41 M	2.71 M	2.71 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
5.78 M	1.94 M	3.26 M

Accounts Payables of other stocks in the Gambling industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
International Game Technology PLC IGT	718 M	-	3.07 %	$ 3.29 B	USA
PlayAGS AGS	7.27 M	-	0.08 %	$ 500 M	USA
Churchill Downs Incorporated CHDN	158 M	$ 117.74	0.84 %	$ 8.85 B	USA
Everi Holdings EVRI	13.9 M	-	-	$ 1.21 B	USA
DraftKings DKNG	52.5 M	$ 35.51	-0.03 %	$ 14.3 B	USA
Esports Entertainment Group GMBL	4.47 M	-	18.47 %	$ 3.19 M	Malta
GAN Limited GAN	6.97 M	-	-	$ 87 M	Britain