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Achari Ventures Holdings I (Achari Ventures Holdings I) Accounts Payable & Accrued Expense : $3.64 Mil (As of Dec. 2023)


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What is Achari Ventures Holdings I Accounts Payable & Accrued Expense?

Achari Ventures Holdings I's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2.64 Mil) to Sep. 2023 ($2.92 Mil) and increased from Sep. 2023 ($2.92 Mil) to Dec. 2023 ($3.64 Mil).

Achari Ventures Holdings I's annual accounts payable & accrued expense increased from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($35.37 Mil) but then declined from Dec. 2022 ($35.37 Mil) to Dec. 2023 ($3.64 Mil).

Achari Ventures Holdings I Accounts Payable & Accrued Expense Historical Data

The historical data trend for Achari Ventures Holdings I'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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Achari Ventures Holdings I Accounts Payable & Accrued Expense Chart

Achari Ventures Holdings I Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.20 35.37 3.64

Achari Ventures Holdings I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.37 2.13 2.64 2.92 3.64

Achari Ventures Holdings I 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.

Achari Ventures Holdings I (Achari Ventures Holdings I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Achari Ventures Holdings Corp I (OTCPK:AVHI) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
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Traded in Other Exchanges
N/A
Address
60 Walnut Avenue, Suite 400, Clark, NJ, USA, 07066
Website
https://www.acharivc.com
Achari Ventures Holdings Corp I is a blank check company.
Executives
Mark Pelson director PROVIDENCE EQUITY, 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Harry Demott director C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Kevin K. Albert director 4146 STATE ROUTE 66, MALDEN BRIDGE NY 12115
Achari Sponsor Holdings I Llc 10 percent owner 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Mitchell Hara officer: Chief Financial Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Merrick Friedman director, officer: Chief Investment Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Timothy Seymour director 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Vikas Desai director, officer: Chief Executive Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Seth W Farbman director 40 WALNUT AVE., SUITE 400, CLARK NJ 07066