Genie Music (XKRX:043610) Accounts Payable & Accrued Expense : ₩64,800 Mil (As of Mar. 2024)

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What is Genie Music Accounts Payable & Accrued Expense?

Genie Music's quarterly accounts payable & accrued expense increased from Sep. 2023 (₩64,944 Mil) to Dec. 2023 (₩103,382 Mil) but then declined from Dec. 2023 (₩103,382 Mil) to Mar. 2024 (₩64,800 Mil).

Genie Music's annual accounts payable & accrued expense increased from Dec. 2021 (₩66,330 Mil) to Dec. 2022 (₩67,868 Mil) and increased from Dec. 2022 (₩67,868 Mil) to Dec. 2023 (₩103,382 Mil).

Genie Music Accounts Payable & Accrued Expense Historical Data

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

Genie Music Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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58,023.96

62,452.11

66,329.60

67,868.41

103,382.45

Genie Music 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															57,960.91	80,001.54	64,944.29	103,382.45	64,800.44

Genie Music 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.

Genie Music (XKRX:043610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Genie Music Corp (XKRX:043610) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Yeongdong Daero Road, Gangnam-gu, Seoul, KOR

Website

http://www.genie.co.kr

Genie Music Corp is engaged in wired and wireless Internet music services, content planning, and distribution businesses in South Korea.

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