GMM (Global Mofy AI) Accounts Payable & Accrued Expense : $3.85 Mil (As of Sep. 2024)

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What is Global Mofy AI Accounts Payable & Accrued Expense?

Global Mofy AI's quarterly accounts payable & accrued expense declined from Sep. 2023 ($2.64 Mil) to Mar. 2024 ($2.50 Mil) but then increased from Mar. 2024 ($2.50 Mil) to Sep. 2024 ($3.85 Mil).

Global Mofy AI's annual accounts payable & accrued expense increased from Sep. 2022 ($1.75 Mil) to Sep. 2023 ($2.64 Mil) and increased from Sep. 2023 ($2.64 Mil) to Sep. 2024 ($3.85 Mil).

Global Mofy AI Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Mofy AI'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 Mofy AI Accounts Payable & Accrued Expense Chart

Global Mofy AI Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Accounts Payable & Accrued Expense

1.61

3.64

1.75

2.64

3.85

Global Mofy AI Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				1.75	2.27	2.64	2.50	3.85

Global Mofy AI 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 Mofy AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Mofy AI Ltd (NAS:GMM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A12, Xidian Memory Cultural and Creative Town, No. 102, 1st Floor, Gaobeidian Township, Chaoyang District, Beijing, CHN, 100000

Website

https://ir.globalmofy.cn

Global Mofy AI Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.