Hour Loop, Inc. HOUR Increase Decrease In Credit Cards Payable
Increase Decrease In Credit Cards Payable at other companies
Other financials
Where this comes from
Reported directly by Hour Loop, Inc. in its filing.
Tagged under the XBRL concept HOUR:IncreaseDecreaseInCreditCardsPayable.
The official record: Hour Loop, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hour Loop, Inc.'s increase decrease in credit cards payable?
- Hour Loop, Inc. (HOUR) reported increase decrease in credit cards payable of -$639.51K in Q1 2026.
- How has Hour Loop, Inc.'s increase decrease in credit cards payable changed year-over-year?
- Hour Loop, Inc.'s increase decrease in credit cards payable increased by 35.1% year-over-year, from -$985.52K to -$639.51K.
- What does increase decrease in credit cards payable mean?
- Measures the net change in outstanding balances owed on corporate credit cards used for operational expenses. This metric serves as a proxy for short-term liquidity management and the utilization of revolving credit facilities for working capital. An increase indicates a reliance on credit for daily operations, while a decrease reflects debt repayment.