Globus Maritime (Globus Maritime) Accounts Payable & Accrued Expense : $2.13 Mil (As of Dec. 2023)

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What is Globus Maritime Accounts Payable & Accrued Expense?

Globus Maritime's quarterly accounts payable & accrued expense declined from Jun. 2023 ($6.99 Mil) to Sep. 2023 ($3.14 Mil) and declined from Sep. 2023 ($3.14 Mil) to Dec. 2023 ($2.13 Mil).

Globus Maritime's annual accounts payable & accrued expense increased from Dec. 2021 ($4.60 Mil) to Dec. 2022 ($9.36 Mil) but then declined from Dec. 2022 ($9.36 Mil) to Dec. 2023 ($2.13 Mil).

Globus Maritime Accounts Payable & Accrued Expense Historical Data

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

Globus Maritime Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.71

6.92

4.60

9.36

2.13

Globus Maritime Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9.36	-	6.99	3.14	2.13

Globus Maritime 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.

Globus Maritime (Globus Maritime) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globus Maritime Ltd (NAS:GLBS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0G93:Germany

Address

128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 166 74

Website

http://www.globusmaritime.gr

Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.