Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Accounts Payable & Accrued Expense : $30.3 Mil (As of Sep. 2023)

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What is Enthusiast Gaming Holdings Accounts Payable & Accrued Expense?

Enthusiast Gaming Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 ($21.2 Mil) to Jun. 2023 ($27.1 Mil) and increased from Jun. 2023 ($27.1 Mil) to Sep. 2023 ($30.3 Mil).

Enthusiast Gaming Holdings's annual accounts payable & accrued expense increased from Dec. 2020 ($18.4 Mil) to Dec. 2021 ($27.0 Mil) but then declined from Dec. 2021 ($27.0 Mil) to Dec. 2022 ($24.3 Mil).

Enthusiast Gaming Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Enthusiast Gaming Holdings'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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Enthusiast Gaming Holdings Accounts Payable & Accrued Expense Chart

Enthusiast Gaming Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.02

5.64

18.43

26.96

24.26

Enthusiast Gaming Holdings 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															26.12	24.26	21.17	27.13	30.28

Enthusiast Gaming Holdings 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.

Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Enthusiast Gaming Holdings Inc (OTCPK:EGLXF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2AV:Germany EGLX:Canada

Address

90 Eglinton Avenue East, Suite 805, Toronto, ON, CAN, M4P 2Y3

Website

https://www.enthusiastgaming.com

Enthusiast Gaming Holdings Inc is a gaming company building a media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S. and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides an engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience. It has one segment which is digital media and entertainment. It generates a majority of its revenue from Media and content.