GEX Management (GEX Management) Accounts Payable & Accrued Expense : $1.47 Mil (As of Dec. 2023)

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What is GEX Management Accounts Payable & Accrued Expense?

GEX Management's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1.23 Mil) to Sep. 2023 ($0.29 Mil) but then increased from Sep. 2023 ($0.29 Mil) to Dec. 2023 ($1.47 Mil).

GEX Management's annual accounts payable & accrued expense increased from Dec. 2021 ($0.26 Mil) to Dec. 2022 ($0.96 Mil) and increased from Dec. 2022 ($0.96 Mil) to Dec. 2023 ($1.47 Mil).

GEX Management Accounts Payable & Accrued Expense Historical Data

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

GEX Management Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.70

0.68

0.26

0.96

1.47

GEX Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.96	1.18	1.23	0.29	1.47

GEX Management 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.

GEX Management (GEX Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GEX Management Inc (OTCPK:GXXM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3662 West Camp Wisdom Road, Dallas, TX, USA, 75237

Website

https://www.gexmanagement.com

GEX Management Inc is engaged in the business of providing business management and human resources solutions for small to midsize businesses. The company also provides staffing and back-office services to a wide variety of industries, and it earns revenue from its management consulting services.

Executives

Srikumar Vanamali	director, 10 percent owner, officer: Interim CEO & Exec Director	12001 N CENTRAL EXPY, #825, DALLAS TX 75243
Shaheed Bailey	director, 10 percent owner, officer: Interim Chief Invstmt Officer	39 F BROOKSIDE DRIVE, CLIFTON NJ 07054
Clayton Carter	director, 10 percent owner, officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 1350, DALLAS TX 75201
Chelsea Christopherson	director, 10 percent owner, officer: Chief Operating Officer	10931 STONE CANYON ROAD, APT 229, DALLAS TX 75243
Carl Dorvil	director, 10 percent owner, officer: Chariman of the Board & CEO	1411 NEWCASTLE, ROCKWALL TX 75032