TGS Esports (TGS Esports) Accounts Payable & Accrued Expense : $0.80 Mil (As of Mar. 2022)

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What is TGS Esports Accounts Payable & Accrued Expense?

TGS Esports's quarterly accounts payable & accrued expense increased from Sep. 2021 ($0.75 Mil) to Dec. 2021 ($0.79 Mil) and increased from Dec. 2021 ($0.79 Mil) to Mar. 2022 ($0.80 Mil).

TGS Esports's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Jun. 2020 ($1.33 Mil) but then declined from Jun. 2020 ($1.33 Mil) to Jun. 2021 ($0.65 Mil).

TGS Esports Accounts Payable & Accrued Expense Historical Data

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

TGS Esports Annual Data

Trend

Jun20

Jun21

Accounts Payable & Accrued Expense

1.33

0.65

TGS Esports Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.33	0.65	0.75	0.79	0.80

TGS Esports 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.

TGS Esports (TGS Esports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TGS Esports Inc (OTCPK:TGSEF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

XMAD:MONI MIL:MTF LSE:DCD SGX:40E LSE:MIRA MIL:CDG BOM:540023 XKRX:348840 BOM:503691 LSE:BONH

Traded in Other Exchanges

N/A

Address

4211 No. 3 Road, Richmond, BC, CAN, V6X 2C3

Website

https://www.thegamingstadium.com

TGS Esports Inc is engaged in the business of providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. Also, the company has an esports stadium to play and watch sports.