Mag Mile Capital (Mag Mile Capital) Accounts Payable & Accrued Expense : $0.06 Mil (As of Mar. 2024)

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What is Mag Mile Capital Accounts Payable & Accrued Expense?

Mag Mile Capital's quarterly accounts payable & accrued expense increased from Jul. 2023 ($0.07 Mil) to Dec. 2023 ($0.07 Mil) but then declined from Dec. 2023 ($0.07 Mil) to Mar. 2024 ($0.06 Mil).

Mag Mile Capital's annual accounts payable & accrued expense stayed the same from Jul. 2021 ($0.00 Mil) to Jul. 2022 ($0.00 Mil) but then increased from Jul. 2022 ($0.00 Mil) to Dec. 2023 ($0.07 Mil).

Mag Mile Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mag Mile Capital'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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Mag Mile Capital Accounts Payable & Accrued Expense Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Accounts Payable & Accrued Expense

0.07

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						-	0.05	0.07	0.07	0.06

Mag Mile Capital 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.

Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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