Varonis Systems (FRA:VS2) Accounts Payable & Accrued Expense : €103.1 Mil (As of Mar. 2024)

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What is Varonis Systems Accounts Payable & Accrued Expense?

Varonis Systems's quarterly accounts payable & accrued expense declined from Sep. 2023 (€113.5 Mil) to Dec. 2023 (€65.9 Mil) but then increased from Dec. 2023 (€65.9 Mil) to Mar. 2024 (€103.1 Mil).

Varonis Systems's annual accounts payable & accrued expense increased from Dec. 2021 (€61.1 Mil) to Dec. 2022 (€62.4 Mil) and increased from Dec. 2022 (€62.4 Mil) to Dec. 2023 (€65.9 Mil).

Varonis Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Varonis Systems'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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Varonis Systems Accounts Payable & Accrued Expense Chart

Varonis Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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34.42

38.45

61.07

62.43

65.92

Varonis Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															100.92	114.47	113.48	65.92	103.13

Varonis Systems 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.

Varonis Systems (FRA:VS2) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Varonis Systems Inc (FRA:VS2) » Definitions » Accounts Payable & Accrued Expense

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VRNS:USA

Address

1250 Broadway, 29th Floor, New York, NY, USA, 10001

Website

https://www.varonis.com

Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2004 and went public in 2014.

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