AGII (AgiiPlus) Current Accrued Expense: $13.61 Mil (As of Dec. 2023)

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What is AgiiPlus Current Accrued Expense?

AgiiPlus AGII Current Accrued Expense is $13.61 Mil as of Dec. 2023.

AgiiPlus's Current Accrued Expense for the quarter that ended in Dec. 2023 was $13.61 Mil.

AgiiPlus's quarterly Current Accrued Expense increased from Dec. 2022 ($5.88 Mil) to Jun. 2023 ($36.98 Mil) but then declined from Jun. 2023 ($36.98 Mil) to Dec. 2023 ($13.61 Mil).

AgiiPlus's annual Current Accrued Expense increased from Dec. 2021 ($4.46 Mil) to Dec. 2022 ($5.88 Mil) and increased from Dec. 2022 ($5.88 Mil) to Dec. 2023 ($13.61 Mil).

AgiiPlus Current Accrued Expense Historical Data

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The historical data trend for AgiiPlus's Current 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.

AgiiPlus Current Accrued Expense Chart

AgiiPlus Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
1.98 4.46 5.88 13.61

AgiiPlus Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Accrued Expense Get a 7-Day Free Trial 4.46 4.14 5.88 36.98 13.61

AgiiPlus Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $13.61 Mil mean?
AgiiPlus (AGII) has a Current Accrued Expense of $13.61 Mil as of Dec. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on AgiiPlus and its competitors.
Is AgiiPlus' Current Accrued Expense too high?
AgiiPlus' current Current Accrued Expense is $13.61 Mil.
How does AgiiPlus' Current Accrued Expense compare to ?
AgiiPlus' Current Accrued Expense of $13.61 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Software company?
A good Current Accrued Expense depends on the Software industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on AgiiPlus and its competitors. AgiiPlus's current Current Accrued Expense is $13.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AgiiPlus stock overvalued right now?
AgiiPlus (AGII) has a current Current Accrued Expense of $13.61 Mil. The current Current Accrued Expense is $13.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For AgiiPlus (AGII), the current Current Accrued Expense is $13.61 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AgiiPlus Business Description

Comparable Companies
Address 222 Hubin Road, Distrii Center, 18th Floor, Link Square 1, Huangpu District, Shanghai, CHN, 200021
AgiiPlus Inc offers an integrated platform connecting onsite workspaces and digital services through technology. Through its subsidiaries, AgiiPlus offers office leasing and enterprise services under the brand "Tangtang," and, through its subsidiaries, AgiiPlus maintains the Distrii app, the proprietary official app for workspace members, offering AgiiPlus' workspace members a seamless experience beyond physical spaces with easy access to enterprise services. The firm has one operating segment with three revenue streams including workspace leasing & operation revenue, renovation & smart building technology revenue, and brokerage & enterprise service revenue.