GBank Financial Holdings (GBank Financial Holdings) Accounts Payable & Accrued Expense : $12.52 Mil (As of Mar. 2024)

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What is GBank Financial Holdings Accounts Payable & Accrued Expense?

GBank Financial Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 ($10.74 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($12.52 Mil).

GBank Financial Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($1.92 Mil) to Dec. 2022 ($2.98 Mil) but then declined from Dec. 2022 ($2.98 Mil) to Dec. 2023 ($0.00 Mil).

GBank Financial Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for GBank Financial Holdings'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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GBank Financial Holdings Accounts Payable & Accrued Expense Chart

GBank Financial Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4.79

5.41

1.92

2.98

GBank Financial Holdings Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.65	13.87	10.74	-	12.52

GBank Financial Holdings 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.

GBank Financial Holdings (GBank Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » GBank Financial Holdings Inc (OTCPK:GBFH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9115 West Russell Road, Suite 110, Las Vegas, NV, USA, 89148

Website

https://www.gbankfinancialholdings.com

GBank Financial Holdings Inc, through its subsidiary, provides banking services to commercial and consumer customers. Its services include Business Savings Account; Business Money Market Account; Commercial Real Estate Loans; Equipment Loans; Medical/Professional Loans and others.