Balance Labs (Balance Labs) Accounts Payable & Accrued Expense : $2.38 Mil (As of Mar. 2024)

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What is Balance Labs Accounts Payable & Accrued Expense?

Balance Labs's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2.27 Mil) to Dec. 2023 ($2.29 Mil) and increased from Dec. 2023 ($2.29 Mil) to Mar. 2024 ($2.38 Mil).

Balance Labs's annual accounts payable & accrued expense increased from Dec. 2021 ($1.86 Mil) to Dec. 2022 ($2.13 Mil) and increased from Dec. 2022 ($2.13 Mil) to Dec. 2023 ($2.29 Mil).

Balance Labs Accounts Payable & Accrued Expense Historical Data

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

Balance Labs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.27

1.62

1.86

2.13

2.29

Balance Labs Quarterly Data
	Jun19	Sep19	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															2.16	2.22	2.27	2.29	2.38

Balance 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.

Balance Labs (Balance Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Balance Labs Inc (OTCPK:BLNC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

407 Lincoln Road, Suite 701, Miami Beach, FL, USA, 33139

Website

https://www.balancelabs.co

Balance Labs Inc is a United States-based company that is engaged in providing business development and consulting services to start-up and development-stage businesses. It offers services to help businesses in various industries with customized consulting services to meet business needs and aid in improving its business models, sales, marketing plans, and internal operations, as well as it also introduces the businesses to experienced professional contacts for the success of these businesses. It leverages its knowledge in developing businesses with entrepreneurs and startup company management whereby it creates a customized plan to overcome obstacles so it can focus on marketing products and services to potential customers.

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