Digital Brands Group (Digital Brands Group) Accounts Payable & Accrued Expense : $12.72 Mil (As of Mar. 2024)

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What is Digital Brands Group Accounts Payable & Accrued Expense?

Digital Brands Group's quarterly accounts payable & accrued expense declined from Sep. 2023 ($15.08 Mil) to Dec. 2023 ($14.59 Mil) and declined from Dec. 2023 ($14.59 Mil) to Mar. 2024 ($12.72 Mil).

Digital Brands Group's annual accounts payable & accrued expense increased from Dec. 2021 ($10.03 Mil) to Dec. 2022 ($13.68 Mil) and increased from Dec. 2022 ($13.68 Mil) to Dec. 2023 ($14.59 Mil).

Digital Brands Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Digital Brands Group'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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Digital Brands Group Accounts Payable & Accrued Expense Chart

Digital Brands Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.75

7.98

10.03

13.68

14.59

Digital Brands Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													14.36	15.19	15.08	14.59	12.72

Digital Brands Group 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.

Digital Brands Group (Digital Brands Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digital Brands Group Inc (NAS:DBGI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 Lavaca Street, Austin, TX, USA, 78701

Website

https://www.digitalbrandsgroup.co

Digital Brands Group Inc offers a variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company has expanded into an omnichannel brand offering the styles and content not only online but at selected wholesale and retail storefronts. Its brand portfolio consists of Bailey 44, DSTLD, Harper & Jones, Stateside, and Sundry.

Executives

Drew Jones	10 percent owner	2736 ROUTH STREET, DALLAS TX 75202
Huong Doan	director	1400 LAVACA STREET, AUSTIN TX 78701
Trevor Pettennude	director	1400 LAVACA STREET, AUSTIN TX 78701
Moise Emquies	director	1400 LAVACA STREET, AUSTIN TX 78701
Laura Dowling	officer: Chief Marketing Officer	1400 LAVACA STREET, AUSTIN TX 78701
Jameeka Aaron	director	1400 LAVACA STREET, AUSTIN TX 78701
Reid William Yeoman	officer: Chief Financial Officer	1400 LAVACA STREET, AUSTIN TX 78701
Mark Thomas Lynn	director	1400 LAVACA STREET, AUSTIN TX 78791
Davis John Hilburn Iv	officer: Pres., CEO	1400 LAVACA STREET, AUSTIN TX 78701