Microalliance Group (Microalliance Group) Change In Payables And Accrued Expense : $-3.26 Mil (TTM As of Sep. 2022)

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What is Microalliance Group Change In Payables And Accrued Expense?

Microalliance Group's Change In Payables And Accrued Expense for the quarter that ended in Sep. 2022 was $-0.11 Mil. It means Microalliance Group's Accounts Payable & Accrued Expense declined by $0.11 Mil from Jun. 2022 to Sep. 2022 .

Microalliance Group's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2021 was $-2.02 Mil. It means Microalliance Group's Accounts Payable & Accrued Expense declined by $2.02 Mil from Dec. 2020 to Dec. 2021 .

Microalliance Group Change In Payables And Accrued Expense Historical Data

The historical data trend for Microalliance Group's Change In Payables And 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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Microalliance Group Change In Payables And Accrued Expense Chart

Microalliance Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Change In Payables And Accrued Expense

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0.29

0.14

-2.02

Microalliance Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-1.18	-1.93	-0.19	-1.03	-0.11

Microalliance Group Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.26 Mil.

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Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Change In Payables And Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

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