GigaCloud Technology (GigaCloud Technology) Accounts Payable & Accrued Expense : $174.7 Mil (As of Mar. 2024)

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What is GigaCloud Technology Accounts Payable & Accrued Expense?

GigaCloud Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 ($103.8 Mil) to Dec. 2023 ($107.0 Mil) and increased from Dec. 2023 ($107.0 Mil) to Mar. 2024 ($174.7 Mil).

GigaCloud Technology's annual accounts payable & accrued expense increased from Dec. 2021 ($39.6 Mil) to Dec. 2022 ($48.1 Mil) and increased from Dec. 2022 ($48.1 Mil) to Dec. 2023 ($107.0 Mil).

GigaCloud Technology Accounts Payable & Accrued Expense Historical Data

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

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

33.36

39.58

48.14

107.04

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										82.93	85.25	103.81	107.04	174.73

GigaCloud Technology 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.

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.