MAXD (Max Sound) Current Accrued Expense: $6.44 Mil (As of Jun. 2022)

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What is Max Sound Current Accrued Expense?

Max Sound MAXD -90.00% Current Accrued Expense is $6.44 Mil as of Jun. 2022.

Max Sound's Current Accrued Expense for the quarter that ended in Jun. 2022 was $6.44 Mil.

Max Sound's quarterly Current Accrued Expense increased from Dec. 2021 ($5.78 Mil) to Mar. 2022 ($6.11 Mil) and increased from Mar. 2022 ($6.11 Mil) to Jun. 2022 ($6.44 Mil).

Max Sound's annual Current Accrued Expense increased from Dec. 2019 ($3.06 Mil) to Dec. 2020 ($4.46 Mil) and increased from Dec. 2020 ($4.46 Mil) to Dec. 2021 ($5.78 Mil).

Max Sound Current Accrued Expense Historical Data

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The historical data trend for Max Sound'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.

Max Sound Current Accrued Expense Chart

Max Sound Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.65 3.06 4.46 5.78

Max Sound Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.12 5.45 5.78 6.11 6.44

Max Sound 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 $6.44 Mil mean?
Max Sound (MAXD) has a Current Accrued Expense of $6.44 Mil as of Jun. 2022. Current Accrued Expense records the total amount of accrued expenses. View historical data on Max Sound and its competitors.
Is Max Sound's Current Accrued Expense too high?
Max Sound's current Current Accrued Expense is $6.44 Mil.
How does Max Sound's Current Accrued Expense compare to ABQQ and IWSY?
Max Sound's Current Accrued Expense of $6.44 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 Max Sound and its competitors. Max Sound's current Current Accrued Expense is $6.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Sound stock overvalued right now?
Max Sound (MAXD) has a current Current Accrued Expense of $6.44 Mil. The current Current Accrued Expense is $6.44 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 Max Sound (MAXD), the current Current Accrued Expense is $6.44 Mil as of Jun. 2022. 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.

Max Sound Business Description

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130
Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.