LM Funding America (STU:1YJA) Accounts Payable & Accrued Expense : €1.93 Mil (As of Mar. 2024)

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What is LM Funding America Accounts Payable & Accrued Expense?

LM Funding America's quarterly accounts payable & accrued expense declined from Sep. 2023 (€2.15 Mil) to Dec. 2023 (€1.92 Mil) but then increased from Dec. 2023 (€1.92 Mil) to Mar. 2024 (€1.93 Mil).

LM Funding America's annual accounts payable & accrued expense increased from Dec. 2021 (€0.81 Mil) to Dec. 2022 (€1.55 Mil) and increased from Dec. 2022 (€1.55 Mil) to Dec. 2023 (€1.92 Mil).

LM Funding America Accounts Payable & Accrued Expense Historical Data

The historical data trend for LM Funding America'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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LM Funding America Accounts Payable & Accrued Expense Chart

LM Funding America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.19

0.33

0.81

1.55

1.92

LM Funding America 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															1.63	1.91	2.15	1.92	1.93

LM Funding America 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.

LM Funding America (STU:1YJA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Funding America Inc (STU:1YJA) » Definitions » Accounts Payable & Accrued Expense

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LMFA:USA 1YJ:Germany

Address

1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602

Website

http://www.lmfunding.com

LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.

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