Social Capital Hedosophia Holdings III (Social Capital Hedosophia Holdings III) Accounts Payable & Accrued Expense : $1.81 Mil (As of Sep. 2020)

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What is Social Capital Hedosophia Holdings III Accounts Payable & Accrued Expense?

Social Capital Hedosophia Holdings III's quarterly accounts payable & accrued expense declined from Mar. 2020 ($0.34 Mil) to Jun. 2020 ($0.07 Mil) but then increased from Jun. 2020 ($0.07 Mil) to Sep. 2020 ($1.81 Mil).

Social Capital Hedosophia Holdings III's annual accounts payable & accrued expense stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2019 ($0.10 Mil).

Social Capital Hedosophia Holdings III Accounts Payable & Accrued Expense Historical Data

The historical data trend for Social Capital Hedosophia Holdings III'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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Social Capital Hedosophia Holdings III Accounts Payable & Accrued Expense Chart

Social Capital Hedosophia Holdings III Annual Data

Trend

Dec19

Accounts Payable & Accrued Expense

0.10

Social Capital Hedosophia Holdings III Quarterly Data
	Dec19	Mar20	Jun20	Sep20
Accounts Payable & Accrued Expense	0.10	0.34	0.07	1.81

Social Capital Hedosophia Holdings III 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.

Social Capital Hedosophia Holdings III (Social Capital Hedosophia Holdings III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Social Capital Hedosophia Holdings Corp III (NYSE:IPOC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

http://www.socialcapitalhedosophiaholdings.com

Social Capital Hedosophia Holdings Corp III is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.