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AFC Gamma (STU:0FG) Accounts Payable & Accrued Expense : €15.24 Mil (As of Mar. 2024)


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What is AFC Gamma Accounts Payable & Accrued Expense?

AFC Gamma's quarterly accounts payable & accrued expense declined from Sep. 2023 (€16.38 Mil) to Dec. 2023 (€14.39 Mil) but then increased from Dec. 2023 (€14.39 Mil) to Mar. 2024 (€15.24 Mil).

AFC Gamma's annual accounts payable & accrued expense increased from Dec. 2021 (€16.06 Mil) to Dec. 2022 (€20.20 Mil) but then declined from Dec. 2022 (€20.20 Mil) to Dec. 2023 (€14.39 Mil).


AFC Gamma Accounts Payable & Accrued Expense Historical Data

The historical data trend for AFC Gamma'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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AFC Gamma Accounts Payable & Accrued Expense Chart

AFC Gamma Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
1.73 16.06 20.20 14.39

AFC Gamma Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.86 22.53 16.38 14.39 15.24

AFC Gamma 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.


AFC Gamma (STU:0FG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AFC Gamma Inc (STU:0FG) » Definitions » Accounts Payable & Accrued Expense
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Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.

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