Kambi Group (Kambi Group) Accounts Payable & Accrued Expense : $23.1 Mil (As of Mar. 2024)

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What is Kambi Group Accounts Payable & Accrued Expense?

Kambi Group's quarterly accounts payable & accrued expense declined from Sep. 2023 ($25.0 Mil) to Dec. 2023 ($6.9 Mil) but then increased from Dec. 2023 ($6.9 Mil) to Mar. 2024 ($23.1 Mil).

Kambi Group's annual accounts payable & accrued expense declined from Dec. 2021 ($20.4 Mil) to Dec. 2022 ($8.4 Mil) and declined from Dec. 2022 ($8.4 Mil) to Dec. 2023 ($6.9 Mil).

Kambi Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kambi Group'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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Kambi Group Accounts Payable & Accrued Expense Chart

Kambi Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4.49

13.20

20.37

8.41

6.92

Kambi Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															25.60	27.14	24.98	6.92	23.07

Kambi Group 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.

Kambi Group (Kambi Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kambi Group PLC (OTCPK:KMBIF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KAMBI:Sweden 0EAW:UK

Address

Avenue 77 Complex, Triq In Negozju, Zone 3, Central Business District, Birkirkara, MLT, 3010

Website

https://www.kambi.com

Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-business provider of sports betting services to licensed gaming operators. Its services encompass a broad offering from the front-end user interface through to odds compiling, customer intelligence, and risk management, built on in-house developed software. Kambi has offices in the United States, Sweden, the Philippines, Malta, Romania, the United Kingdom, and Australia. Geographically, the majority is from the Americas. The majority of revenue is from contracts with customers for sports betting services.

Kambi Group (Kambi Group) Headlines

From GuruFocus

Rush Street Interactive and European-Based Kambi Group plc Sign Sportsbook Deal

By PRNewswire PRNewswire • 05-17-2018