Akazoo (Akazoo) Accounts Payable & Accrued Expense : $32.76 Mil (As of Sep. 2019)

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What is Akazoo Accounts Payable & Accrued Expense?

Akazoo's quarterly accounts payable & accrued expense increased from Mar. 2019 ($1.98 Mil) to Jun. 2019 ($2.46 Mil) and increased from Jun. 2019 ($2.46 Mil) to Sep. 2019 ($32.76 Mil).

Akazoo's annual accounts payable & accrued expense increased from Mar. 2016 ($0.00 Mil) to Mar. 2017 ($0.07 Mil) and increased from Mar. 2017 ($0.07 Mil) to Mar. 2018 ($0.53 Mil).

Akazoo Accounts Payable & Accrued Expense Historical Data

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

Akazoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Accounts Payable & Accrued Expense

0.07

0.53

Akazoo Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										0.29	0.20	1.98	2.46	32.76

Akazoo 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.

Akazoo (Akazoo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Akazoo SA (NAS:SONG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.akazoo.com

Akazoo SA operates as a technology company. It offers on-demand music and audio streaming, media and AI technology. The Firm provides its subscribers unlimited online and offline music streaming access to a catalogue of songs on an ad-free basis. The company uses patented AI technology for music recommendations and offers online and offline listening.