Kings Entertainment Group (XCNQ:JKPT) Accounts Payable & Accrued Expense : C$5.28 Mil (As of Sep. 2023)

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What is Kings Entertainment Group Accounts Payable & Accrued Expense?

Kings Entertainment Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$3.77 Mil) to Jun. 2023 (C$2.44 Mil) but then increased from Jun. 2023 (C$2.44 Mil) to Sep. 2023 (C$5.28 Mil).

Kings Entertainment Group's annual accounts payable & accrued expense increased from Dec. 2020 (C$1.30 Mil) to Dec. 2021 (C$3.55 Mil) but then declined from Dec. 2021 (C$3.55 Mil) to Dec. 2022 (C$3.48 Mil).

Kings Entertainment Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kings Entertainment 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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Kings Entertainment Group Accounts Payable & Accrued Expense Chart

Kings Entertainment Group Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1.30

3.55

3.48

Kings Entertainment Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							3.14	3.48	3.77	2.44	5.28

Kings Entertainment 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.

Kings Entertainment Group (XCNQ:JKPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kings Entertainment Group Inc (XCNQ:JKPT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KENGF:USA L12:Germany

Address

505 Burrard Street, Suite 1570, Vancouver, BC, CAN

Website

Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group. As international online service providers for the lottery, casino, and sportsbook gambling, these brands leverage their ability to acquire pre-qualified players through renowned lottery offerings, then engage in a range of casino and sportsbook offerings.

Kings Entertainment Group (XCNQ:JKPT) Headlines

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