Globavend Holdings (Globavend Holdings) Accounts Payable & Accrued Expense : $3.85 Mil (As of Sep. 2023)

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What is Globavend Holdings Accounts Payable & Accrued Expense?

Globavend Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 ($1.55 Mil) to Mar. 2023 ($2.11 Mil) and increased from Mar. 2023 ($2.11 Mil) to Sep. 2023 ($3.85 Mil).

Globavend Holdings's annual accounts payable & accrued expense increased from Sep. 2021 ($1.05 Mil) to Sep. 2022 ($1.55 Mil) and increased from Sep. 2022 ($1.55 Mil) to Sep. 2023 ($3.85 Mil).

Globavend Holdings Accounts Payable & Accrued Expense Historical Data

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

Globavend Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

1.05

1.55

3.85

Globavend Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	1.05	-	1.55	2.11	3.85

Globavend Holdings 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.

Globavend Holdings (Globavend Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000

Website

https://www.globavend.com

Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

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