Gfinity (LSE:GFIN) Accounts Payable & Accrued Expense : £0.31 Mil (As of Dec. 2023)

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What is Gfinity Accounts Payable & Accrued Expense?

Gfinity's quarterly accounts payable & accrued expense declined from Dec. 2022 (£3.83 Mil) to Jun. 2023 (£0.84 Mil) and declined from Jun. 2023 (£0.84 Mil) to Dec. 2023 (£0.31 Mil).

Gfinity's annual accounts payable & accrued expense increased from Jun. 2021 (£0.75 Mil) to Jun. 2022 (£2.01 Mil) but then declined from Jun. 2022 (£2.01 Mil) to Jun. 2023 (£0.84 Mil).

Gfinity Accounts Payable & Accrued Expense Historical Data

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

Gfinity Annual Data

Trend

Dec13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.60

0.55

0.75

2.01

0.84

Gfinity 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															3.19	2.01	3.83	0.84	0.31

Gfinity 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.

Gfinity (LSE:GFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gfinity PLC (LSE:GFIN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

3GF:Germany

Address

16 Great Queen Street, London, GBR, WC2B 5AH

Website

https://www.gfinityplc.com

Gfinity PLC is engaged in the field of electronic sport (eSports) business. It provides an online or live gaming platform for gamers from around the world. The Gfinity segment includes esports related activities and broadcast and production capabilities. Geographically, it derives a majority of revenue from the United Kingdom.

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