TROOPS (FRA:SG5) Accounts Payable & Accrued Expense : €4.32 Mil (As of Dec. 2023)

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What is TROOPS Accounts Payable & Accrued Expense?

TROOPS's quarterly accounts payable & accrued expense increased from Dec. 2022 (€1.87 Mil) to Jun. 2023 (€2.62 Mil) and increased from Jun. 2023 (€2.62 Mil) to Dec. 2023 (€4.32 Mil).

TROOPS's annual accounts payable & accrued expense stayed the same from Dec. 2021 (€1.87 Mil) to Dec. 2022 (€1.87 Mil) but then increased from Dec. 2022 (€1.87 Mil) to Dec. 2023 (€4.32 Mil).

TROOPS Accounts Payable & Accrued Expense Historical Data

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

TROOPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.75

1.32

1.87

4.32

TROOPS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.87	1.95	1.87	2.62	4.32

TROOPS 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.

TROOPS (FRA:SG5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TROOPS Inc (FRA:SG5) » Definitions » Accounts Payable & Accrued Expense

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TROO:USA

Address

8 Fui Yiu Kok Street, 21st Floor, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.troops.co

TROOPS Inc is a conglomerate group of various businesses with its headquarters based in Hong Kong. The group is principally engaged in money lending business in Hong Kong providing mortgage loans to high quality target borrowers, property investment to generate additional rental income and the development, operation and management of an online financial marketplace that provides one-stop financial technology solutions including API services by leveraging artificial intelligence, large data and blockchain, and cloud computing (SaaS). It derives revenue from Hong Kong and Australia. Majority of its revenue generates from domestic market.

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