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Webuy Global (Webuy Global) Accounts Payable & Accrued Expense : $13.76 Mil (As of Dec. 2023)


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What is Webuy Global Accounts Payable & Accrued Expense?

Webuy Global's quarterly accounts payable & accrued expense increased from Dec. 2022 ($7.03 Mil) to Jun. 2023 ($9.65 Mil) and increased from Jun. 2023 ($9.65 Mil) to Dec. 2023 ($13.76 Mil).

Webuy Global's annual accounts payable & accrued expense increased from Dec. 2021 ($2.80 Mil) to Dec. 2022 ($7.03 Mil) and increased from Dec. 2022 ($7.03 Mil) to Dec. 2023 ($13.76 Mil).

Webuy Global Accounts Payable & Accrued Expense Historical Data

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

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
2.80 7.03 13.76

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 2.80 - 7.03 9.65 13.76

Webuy Global 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.

Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.