Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Accounts Payable & Accrued Expense : $2.03 Mil (As of Feb. 2024)

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What is Digital Brand Media & Marketing Group Accounts Payable & Accrued Expense?

Digital Brand Media & Marketing Group's quarterly accounts payable & accrued expense increased from Aug. 2023 ($1.91 Mil) to Nov. 2023 ($2.03 Mil) and increased from Nov. 2023 ($2.03 Mil) to Feb. 2024 ($2.03 Mil).

Digital Brand Media & Marketing Group's annual accounts payable & accrued expense increased from Aug. 2021 ($1.30 Mil) to Aug. 2022 ($1.64 Mil) and increased from Aug. 2022 ($1.64 Mil) to Aug. 2023 ($1.91 Mil).

Digital Brand Media & Marketing Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Digital Brand Media & Marketing Group'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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Digital Brand Media & Marketing Group Accounts Payable & Accrued Expense Chart

Digital Brand Media & Marketing Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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0.83

1.03

1.30

1.64

1.91

Digital Brand Media & Marketing Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.86	1.94	1.91	2.03	2.03

Digital Brand Media & Marketing Group 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.

Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital Brand Media & Marketing Group Inc (OTCPK:DBMM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

845 Third Avenue, 6th Floor, New York, NY, USA, 10022

Website

http://www.dbmmgroup.com

Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.

Executives

Linda Perry	director	400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James	director	HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

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