GL (GUORY) Accounts Payable & Accrued Expense : $32.60 Mil (As of Dec. 2020)

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What is GL Accounts Payable & Accrued Expense?

GL's quarterly accounts payable & accrued expense declined from Dec. 2019 ($58.60 Mil) to Jun. 2020 ($32.40 Mil) but then increased from Jun. 2020 ($32.40 Mil) to Dec. 2020 ($32.60 Mil).

GL's annual accounts payable & accrued expense declined from Jun. 2018 ($54.20 Mil) to Jun. 2019 ($41.40 Mil) and declined from Jun. 2019 ($41.40 Mil) to Jun. 2020 ($32.40 Mil).

GL Accounts Payable & Accrued Expense Historical Data

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

GL Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Accounts Payable & Accrued Expense

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66.70

65.10

54.20

41.40

32.40

GL Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															55.40	41.40	58.60	32.40	32.60

GL 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.

GL (GUORY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GL Ltd (OTCPK:GUORY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wallich Street, No. 15-02 Guoco Tower, Singapore, SGP, 078881

Website

https://www.gl-grp.com

GL Ltd is a holding company, primarily operating in the lodging industry. The company has several business segments that include hotels, oil & gas, property development, and Others. The hotel segment wholly owns, manages, and leases hotel chains in the United Kingdom. The oil & gas segment owns the rights to royalties for the production of oil and natural gas in the Bass Strait in Australia. The property development section owns properties in Hawaii and London. The Others segment covers the Group's other investments, treasury operations, and corporate office. The company generates the vast majority of its revenue in the U.K.

GL (GUORY) Headlines

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