SGIL (Sunburst Acquisitions V) Accounts Payable & Accrued Expense : $0.70 Mil (As of Dec. 2018)

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What is Sunburst Acquisitions V Accounts Payable & Accrued Expense?

Sunburst Acquisitions V's quarterly accounts payable & accrued expense declined from Jun. 2018 ($11.77 Mil) to Sep. 2018 ($9.24 Mil) and declined from Sep. 2018 ($9.24 Mil) to Dec. 2018 ($0.70 Mil).

Sunburst Acquisitions V's annual accounts payable & accrued expense declined from Dec. 2016 ($11.97 Mil) to Dec. 2017 ($0.53 Mil) but then increased from Dec. 2017 ($0.53 Mil) to Dec. 2018 ($0.70 Mil).

Sunburst Acquisitions V Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunburst Acquisitions V'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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Sunburst Acquisitions V Accounts Payable & Accrued Expense Chart

Sunburst Acquisitions V Annual Data

Trend

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

11.97

0.53

0.70

Sunburst Acquisitions V Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.53	10.64	11.77	9.24	0.70

Sunburst Acquisitions V 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.

Sunburst Acquisitions V Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sunburst Acquisitions V Inc (GREY:SGIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, World-Wide House, Room 2305A, 23rd Floor, Central, Hong Kong, HKG

Website

Sunburst Acquisitions V Inc through its direct and indirect wholly owned subsidiaries is in the business of providing import custom clearing services in the Guangdong province in the People's Republic of China. The company generates revenue from the Import and Customs Clearance Service and Trading. It ceases its business.

Sunburst Acquisitions V Headlines

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