X3 Holdings Co (X3 Holdings Co) Accounts Payable & Accrued Expense : $13.18 Mil (As of Jun. 2023)

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What is X3 Holdings Co Accounts Payable & Accrued Expense?

X3 Holdings Co's quarterly accounts payable & accrued expense declined from Jun. 2022 ($17.11 Mil) to Dec. 2022 ($14.78 Mil) and declined from Dec. 2022 ($14.78 Mil) to Jun. 2023 ($13.18 Mil).

X3 Holdings Co's annual accounts payable & accrued expense declined from Dec. 2020 ($27.22 Mil) to Dec. 2021 ($22.88 Mil) and declined from Dec. 2021 ($22.88 Mil) to Dec. 2022 ($14.78 Mil).

X3 Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for X3 Holdings Co'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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X3 Holdings Co Accounts Payable & Accrued Expense Chart

X3 Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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17.94

21.87

27.22

22.88

14.78

X3 Holdings Co Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									19.87	22.88	17.11	14.78	13.18

X3 Holdings Co 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.

X3 Holdings Co (X3 Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » X3 Holdings Co Ltd (NAS:XTKG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Advanced Business Park, 29 Lanwan Lane, 9th Floor, Building C2, Hightech District, Guangdong Province, Zhuhai, CHN, 519080

Website

https://www.powerbridge.com

Powerbridge Technologies Co Ltd provides a software application, technology solutions, and services to corporate and government customers. The company offers services such as Powerbridge System Solutions, Powerbridge SaaS Services, Powerbridge BaaS Services, and others. It generates its revenue in the form of application development services, consulting and technical support services, and subscription services. All of its revenues are generated from the People's Republic of China.