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Global Lights Acquisition (Global Lights Acquisition) Accounts Payable & Accrued Expense : $0.35 Mil (As of Mar. 2024)


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What is Global Lights Acquisition Accounts Payable & Accrued Expense?

Global Lights Acquisition's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1.08 Mil) to Dec. 2023 ($0.23 Mil) but then increased from Dec. 2023 ($0.23 Mil) to Mar. 2024 ($0.35 Mil).

Global Lights Acquisition's annual accounts payable & accrued expense increased from Dec. 2021 ($0.62 Mil) to Dec. 2022 ($0.91 Mil) but then declined from Dec. 2022 ($0.91 Mil) to Dec. 2023 ($0.23 Mil).

Global Lights Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Lights 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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Global Lights Acquisition Accounts Payable & Accrued Expense Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.62 0.91 0.23

Global Lights Acquisition Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 1.05 1.08 0.23 0.35

Global Lights 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.

Global Lights Acquisition (Global Lights Acquisition) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Lights Acquisition Corp (NAS:GLAC) » Definitions » Accounts Payable & Accrued Expense
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Address
No. 201, Tangli Road, Room 902, Unit 1, 8th Floor, Building 5, Chaoyang, Beijing, CHN, 100123
Website
Global Lights Acquisition Corp is a blank check company.