ZoomerMedia (ZoomerMedia) Accounts Payable & Accrued Expense : $1.81 Mil (As of Feb. 2024)

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What is ZoomerMedia Accounts Payable & Accrued Expense?

ZoomerMedia's quarterly accounts payable & accrued expense increased from Aug. 2023 ($3.32 Mil) to Nov. 2023 ($3.66 Mil) but then declined from Nov. 2023 ($3.66 Mil) to Feb. 2024 ($1.81 Mil).

ZoomerMedia's annual accounts payable & accrued expense declined from Aug. 2021 ($7.20 Mil) to Aug. 2022 ($3.71 Mil) and declined from Aug. 2022 ($3.71 Mil) to Aug. 2023 ($3.32 Mil).

ZoomerMedia Accounts Payable & Accrued Expense Historical Data

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

ZoomerMedia Annual Data

Trend

Jun13

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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2.93

5.28

7.20

3.71

3.32

ZoomerMedia Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.86	3.59	3.32	3.66	1.81

ZoomerMedia 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.

ZoomerMedia (ZoomerMedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZoomerMedia Ltd (OTCPK:ZUMRF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ZUM:Canada

Address

70 Jefferson Avenue, Toronto, ON, CAN, M6K 1Y4

Website

http://www.zoomermedia.ca

ZoomerMedia Ltd operates as a multimedia company in Canada. It serves Zoomer demographic through television, radio, magazine, internet, conferences and trade shows. The company's reportable segments include Television, Radio, Print, Royalty, Digital, Other and Corporate operations. Majority of the revenue for the company is generated from the Television segment, which consists of the company's speciality and conventional television stations and generates revenue from subscriber fees, the sale of broadcast time and advertising.