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TAOP (Taoping) Accounts Payable & Accrued Expense : $7.13 Mil (As of Jun. 2024)


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What is Taoping Accounts Payable & Accrued Expense?

Taoping's quarterly accounts payable & accrued expense declined from Jun. 2023 ($10.29 Mil) to Dec. 2023 ($9.16 Mil) and declined from Dec. 2023 ($9.16 Mil) to Jun. 2024 ($7.13 Mil).

Taoping's annual accounts payable & accrued expense declined from Dec. 2021 ($16.27 Mil) to Dec. 2022 ($10.70 Mil) and declined from Dec. 2022 ($10.70 Mil) to Dec. 2023 ($9.16 Mil).

Taoping Accounts Payable & Accrued Expense Historical Data

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

Taoping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.40 21.03 16.27 10.70 9.16

Taoping Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.16 10.70 10.29 9.16 7.13

Taoping 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.

Taoping Business Description

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Traded in Other Exchanges
N/A
Address
Everbright Bank Building, 21st Floor, Zhuzilin, Futian District, Guangdong, Shenzhen, CHN, 518040
Website
http://www.taop.com
Taoping Inc is a provider of cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. Its operating segment includes Cloud-based Technology (CBT), Blockchain Technology (BT), and Traditional Information Technology (TIT). It generates maximum revenue from the CBT segment. CBT segment includes cloud-based products and services offered to customers in the private sector including new media, healthcare, education, and residential community management.