Globant (Globant) Accounts Payable & Accrued Expense : $213 Mil (As of Dec. 2023)

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What is Globant Accounts Payable & Accrued Expense?

Globant's quarterly accounts payable & accrued expense increased from Jun. 2023 ($293 Mil) to Sep. 2023 ($327 Mil) but then declined from Sep. 2023 ($327 Mil) to Dec. 2023 ($213 Mil).

Globant's annual accounts payable & accrued expense increased from Dec. 2021 ($132 Mil) to Dec. 2022 ($176 Mil) and increased from Dec. 2022 ($176 Mil) to Dec. 2023 ($213 Mil).

Globant Accounts Payable & Accrued Expense Historical Data

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

Globant Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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66.34

92.45

132.11

175.54

212.85

Globant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															175.54	309.20	293.31	326.80	212.85

Globant 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.

Globant (Globant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (NYSE:GLOB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

2G2:Germany 2G2:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.globant.com

Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.