TruGolf Holdings (TruGolf Holdings) Accounts Payable & Accrued Expense : $1.56 Mil (As of Dec. 2023)

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What is TruGolf Holdings Accounts Payable & Accrued Expense?

TruGolf Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2.56 Mil) to Sep. 2023 ($3.25 Mil) but then declined from Sep. 2023 ($3.25 Mil) to Dec. 2023 ($1.56 Mil).

TruGolf Holdings's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.13 Mil) and increased from Dec. 2021 ($1.13 Mil) to Dec. 2022 ($2.07 Mil).

TruGolf Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for TruGolf Holdings'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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TruGolf Holdings Accounts Payable & Accrued Expense Chart

TruGolf Holdings Annual Data

Trend

Dec21

Dec22

Accounts Payable & Accrued Expense

1.13

2.07

TruGolf Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				2.07	-	2.56	3.25	1.56

TruGolf Holdings 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.

TruGolf Holdings (TruGolf Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TruGolf Holdings Inc (NAS:TRUG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 North 1400 West, Centerville, UT, USA, 84014

Website

https://www.trugolf.com

TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines

From GuruFocus

TruGolf to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024

By ACCESSWIRE • 04-24-2024