Abelco Investment Group AB (NGM:ABIG) Accounts Payable & Accrued Expense : kr0.86 Mil (As of Dec. 2024)

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What is Abelco Investment Group AB Accounts Payable & Accrued Expense?

Abelco Investment Group AB's quarterly accounts payable & accrued expense declined from Dec. 2023 (kr7.78 Mil) to Jun. 2024 (kr0.49 Mil) but then increased from Jun. 2024 (kr0.49 Mil) to Dec. 2024 (kr0.86 Mil).

Abelco Investment Group AB's annual accounts payable & accrued expense increased from Dec. 2022 (kr6.53 Mil) to Dec. 2023 (kr7.78 Mil) but then declined from Dec. 2023 (kr7.78 Mil) to Dec. 2024 (kr0.86 Mil).

Abelco Investment Group AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abelco Investment Group AB'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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Abelco Investment Group AB Accounts Payable & Accrued Expense Chart

Abelco Investment Group AB Annual Data

Trend

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2.87

5.54

6.53

7.78

0.86

Abelco Investment Group AB Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.53	1.76	7.78	0.49	0.86

Abelco Investment Group AB 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.

Abelco Investment Group AB Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Abelco Investment Group AB (NGM:ABIG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Nybrogatan 6, Stockholm, SWE, 114 34

Website

https://www.abelco.se

Abelco Investment Group AB is an investment company and venture builder. It invests or builds companies in the digitized the growth sectors with a primary focus on the verticals Gaming / E-sports, E-commerce and Fintech.

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