Ace Global Business Acquisition (Ace Global Business Acquisition) Accounts Payable & Accrued Expense : $2.39 Mil (As of Dec. 2023)

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What is Ace Global Business Acquisition Accounts Payable & Accrued Expense?

Ace Global Business Acquisition's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1.70 Mil) to Sep. 2023 ($2.11 Mil) and increased from Sep. 2023 ($2.11 Mil) to Dec. 2023 ($2.39 Mil).

Ace Global Business Acquisition's annual accounts payable & accrued expense increased from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.95 Mil) and increased from Dec. 2022 ($0.95 Mil) to Dec. 2023 ($2.39 Mil).

Ace Global Business Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ace Global Business Acquisition'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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Ace Global Business Acquisition Accounts Payable & Accrued Expense Chart

Ace Global Business Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.04

0.20

0.95

2.39

Ace Global Business Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.95	1.58	1.70	2.11	2.39

Ace Global Business Acquisition 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.

Ace Global Business Acquisition (Ace Global Business Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ace Global Business Acquisition Ltd (NAS:ACBAU) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ACBA:USA

Address

Tower 2, Lippo Centre, No. 89, Rm. 806, 8/F, Queensway, Admiralty, Hong Kong, HKG

Website

Ace Global Business Acquisition Ltd is a newly organized blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Yan Yannie Xu	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Tan Nicholas Xue-wei	officer: Chief Financial Officer	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Leslie Chow	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Ace Global Investment Ltd	10 percent owner	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Robert Yeung Morris	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Eugene Tu Wong	director, officer: Chief Executive Officer	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000