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Group Nine Acquisition (Group Nine Acquisition) Accounts Payable & Accrued Expense : $3.94 Mil (As of Sep. 2022)


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What is Group Nine Acquisition Accounts Payable & Accrued Expense?

Group Nine Acquisition's quarterly accounts payable & accrued expense increased from Mar. 2022 ($3.25 Mil) to Jun. 2022 ($3.57 Mil) and increased from Jun. 2022 ($3.57 Mil) to Sep. 2022 ($3.94 Mil).

Group Nine Acquisition's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.37 Mil) and increased from Dec. 2020 ($0.37 Mil) to Dec. 2021 ($2.98 Mil).

Group Nine Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Group Nine 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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Group Nine Acquisition Accounts Payable & Accrued Expense Chart

Group Nine Acquisition Annual Data
Trend Dec20 Dec21
Accounts Payable & Accrued Expense
0.37 2.98

Group Nine Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 1.24 2.98 3.25 3.57 3.94

Group Nine 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.

Group Nine Acquisition (Group Nine Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Group Nine Acquisition Corp (NAS:GNACW) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
568 Broadway, Floor 10, New York, NY, USA, 10012
Website
https://www.gnacinc.com
Group Nine Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.