GigaMedia (STU:GIFN) Accounts Payable & Accrued Expense : €0.74 Mil (As of Mar. 2024)

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What is GigaMedia Accounts Payable & Accrued Expense?

GigaMedia's quarterly accounts payable & accrued expense declined from Sep. 2023 (€0.97 Mil) to Dec. 2023 (€0.65 Mil) but then increased from Dec. 2023 (€0.65 Mil) to Mar. 2024 (€0.74 Mil).

GigaMedia's annual accounts payable & accrued expense declined from Dec. 2021 (€1.04 Mil) to Dec. 2022 (€0.85 Mil) and declined from Dec. 2022 (€0.85 Mil) to Dec. 2023 (€0.65 Mil).

GigaMedia Accounts Payable & Accrued Expense Historical Data

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

GigaMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.97

0.83

1.04

0.85

0.65

GigaMedia 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															0.89	0.82	0.97	0.65	0.74

GigaMedia 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.

GigaMedia (STU:GIFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GigaMedia Ltd (STU:GIFN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GIGM:USA

Address

Section 2, Tiding Boulevard, Lane 407, 8th Floor, No. 22, Neihu District, Taipei, TWN, 114

Website

http://www.gigamedia.com

GigaMedia Ltd is a publisher of online games. It has only one reportable segment, Digital Entertainment service. Digital Entertainment service business operates a portfolio of online games, mainly targeting online game players across Europe, Asia, including Greater China and Southeast Asia. The company's portfolio of online games includes predominantly PC-based, non-cash gambling or casino casual games, including MahJong and various card and table games. The company's product lines include MahJong, AkaSeka, Yume 100, Fun Vegas, and others. The company operates in Taiwan and Hong Kong.

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