Marvion (Marvion) Accounts Payable & Accrued Expense : $19.47 Mil (As of Mar. 2024)

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What is Marvion Accounts Payable & Accrued Expense?

Marvion's quarterly accounts payable & accrued expense declined from Sep. 2023 ($28.23 Mil) to Dec. 2023 ($19.48 Mil) and declined from Dec. 2023 ($19.48 Mil) to Mar. 2024 ($19.47 Mil).

Marvion's annual accounts payable & accrued expense increased from Dec. 2021 ($2.41 Mil) to Dec. 2022 ($6.82 Mil) and increased from Dec. 2022 ($6.82 Mil) to Dec. 2023 ($19.48 Mil).

Marvion Accounts Payable & Accrued Expense Historical Data

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

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

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Jun12

Jun13

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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0.97

2.41

6.82

19.48

Marvion Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	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															7.50	13.18	28.23	19.48	19.47

Marvion 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.

Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.