Global InterConnection Group (XAMS:CABLE) Accounts Payable & Accrued Expense : £2.37 Mil (As of Dec. 2023)

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What is Global InterConnection Group Accounts Payable & Accrued Expense?

Global InterConnection Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (£0.37 Mil) to Jun. 2023 (£0.27 Mil) but then increased from Jun. 2023 (£0.27 Mil) to Dec. 2023 (£2.37 Mil).

Global InterConnection Group's annual accounts payable & accrued expense declined from Dec. 2021 (£0.38 Mil) to Dec. 2022 (£0.37 Mil) but then increased from Dec. 2022 (£0.37 Mil) to Dec. 2023 (£2.37 Mil).

Global InterConnection Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global InterConnection Group'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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Global InterConnection Group Accounts Payable & Accrued Expense Chart

Global InterConnection Group Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.38

0.37

2.37

Global InterConnection Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.49	0.37	0.27	2.37

Global InterConnection Group 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.

Global InterConnection Group (XAMS:CABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global InterConnection Group Ltd (XAMS:CABLE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

9OD:Germany

Address

First Floor, 10 Lefebvre Street, Saint Peter Port, GGY, GY1 2PE

Website

https://www.globalinterconnectiongroup.com

Global InterConnection Group Ltd formerly Disruptive Capital Acquisition Co Ltd is a special-purpose acquisition company. The Company intends to focus on undertaking a Business Combination with a target business or entity operating in the financial services sector.

Global InterConnection Group (XAMS:CABLE) Headlines

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