FUNFF (Fansunite Entertainment) Accounts Payable & Accrued Expense: $2.40 Mil (As of Jun. 2024)

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What is Fansunite Entertainment Accounts Payable & Accrued Expense?

Fansunite Entertainment FUNFF Accounts Payable & Accrued Expense is $2.40 Mil as of Jun. 2024.

Fansunite Entertainment's quarterly accounts payable & accrued expense increased from Dec. 2023 ($5.22 Mil) to Mar. 2024 ($5.49 Mil) but then declined from Mar. 2024 ($5.49 Mil) to Jun. 2024 ($2.40 Mil).

Fansunite Entertainment's annual accounts payable & accrued expense declined from Dec. 2021 ($5.72 Mil) to Dec. 2022 ($3.40 Mil) but then increased from Dec. 2022 ($3.40 Mil) to Dec. 2023 ($5.22 Mil).

Fansunite Entertainment Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Fansunite Entertainment'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.

Fansunite Entertainment Accounts Payable & Accrued Expense Chart

Fansunite Entertainment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.65 0.78 5.72 3.40 5.22

Fansunite Entertainment Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.95 3.26 5.22 5.49 2.40

Fansunite Entertainment 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.

What does a Accounts Payable & Accrued Expense of $2.40 Mil mean?
Fansunite Entertainment (FUNFF) has a Accounts Payable & Accrued Expense of $2.40 Mil as of Jun. 2024. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Fansunite Entertainment and its competitors.
Is Fansunite Entertainment's Accounts Payable & Accrued Expense too high?
Fansunite Entertainment's current Accounts Payable & Accrued Expense is $2.40 Mil.
How does Fansunite Entertainment's Accounts Payable & Accrued Expense compare to LUXH and NNAX?
Fansunite Entertainment's Accounts Payable & Accrued Expense of $2.40 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Travel & Leisure company?
A good Accounts Payable & Accrued Expense depends on the Travel & Leisure industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Fansunite Entertainment and its competitors. Fansunite Entertainment's current Accounts Payable & Accrued Expense is $2.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fansunite Entertainment stock overvalued right now?
Fansunite Entertainment (FUNFF) has a current Accounts Payable & Accrued Expense of $2.40 Mil. The current Accounts Payable & Accrued Expense is $2.40 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Fansunite Entertainment (FUNFF), the current Accounts Payable & Accrued Expense is $2.40 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fansunite Entertainment Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4T8
Fansunite Entertainment Inc is a sports and entertainment company that focuses on services related to regulated and lawful online sports betting, casino, and other related products. Also, the company provides technology solutions and services in the gaming and entertainment industries.