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VS Media Holdings (VS Media Holdings) Accounts Payable & Accrued Expense : $2.19 Mil (As of Dec. 2023)


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What is VS Media Holdings Accounts Payable & Accrued Expense?

VS Media Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2.32 Mil) to Jun. 2023 ($4.08 Mil) but then declined from Jun. 2023 ($4.08 Mil) to Dec. 2023 ($2.19 Mil).

VS Media Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($2.44 Mil) to Dec. 2022 ($2.32 Mil) and declined from Dec. 2022 ($2.32 Mil) to Dec. 2023 ($2.19 Mil).

VS Media Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for VS Media 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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VS Media Holdings Accounts Payable & Accrued Expense Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
2.02 2.44 2.32 2.19

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 2.44 1.87 2.32 4.08 2.19

VS Media 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.

VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.