Garden Stage (Garden Stage) Accounts Payable & Accrued Expense : $6.05 Mil (As of Sep. 2023)

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What is Garden Stage Accounts Payable & Accrued Expense?

Garden Stage's quarterly accounts payable & accrued expense declined from Sep. 2022 ($14.30 Mil) to Mar. 2023 ($10.32 Mil) and declined from Mar. 2023 ($10.32 Mil) to Sep. 2023 ($6.05 Mil).

Garden Stage's annual accounts payable & accrued expense declined from Mar. 2021 ($17.04 Mil) to Mar. 2022 ($9.97 Mil) but then increased from Mar. 2022 ($9.97 Mil) to Mar. 2023 ($10.32 Mil).

Garden Stage Accounts Payable & Accrued Expense Historical Data

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

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

17.04

9.97

10.32

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	9.97	14.30	10.32	6.05

Garden Stage 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.

Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.