Fomo Worldwide (Fomo Worldwide) Accounts Payable & Accrued Expense : $1.66 Mil (As of Sep. 2023)

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What is Fomo Worldwide Accounts Payable & Accrued Expense?

Fomo Worldwide's quarterly accounts payable & accrued expense increased from Mar. 2023 ($1.46 Mil) to Jun. 2023 ($1.65 Mil) and increased from Jun. 2023 ($1.65 Mil) to Sep. 2023 ($1.66 Mil).

Fomo Worldwide's annual accounts payable & accrued expense declined from Dec. 2020 ($0.09 Mil) to Dec. 2021 ($0.04 Mil) but then increased from Dec. 2021 ($0.04 Mil) to Dec. 2022 ($1.83 Mil).

Fomo Worldwide Accounts Payable & Accrued Expense Historical Data

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

Fomo Worldwide Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.70

0.07

0.09

0.04

1.83

Fomo Worldwide Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.42	1.83	1.46	1.65	1.66

Fomo Worldwide 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.

Fomo Worldwide (Fomo Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fomo Worldwide Inc (OTCPK:IGOT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

831 W North Avenue, Pittsburgh, PA, USA, 15233

Website

https://www.fomoworldwide.com

Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.

Executives

Charles Attila Szoradi	10 percent owner, other: Advisory Board Member	555 SOUTH GODDARD BLVD APT. 332, KING OF PRUSSIA PA 19406
Vikram P Grover	director, officer: CEO	1340 BROOK ST. UNIT M, ST CHARLES IL 60174