Versarien (LSE:VRS) Accounts Payable & Accrued Expense : £0.97 Mil (As of Sep. 2023)

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What is Versarien Accounts Payable & Accrued Expense?

Versarien's quarterly accounts payable & accrued expense declined from Mar. 2022 (£2.53 Mil) to Mar. 2023 (£2.18 Mil) and declined from Mar. 2023 (£2.18 Mil) to Sep. 2023 (£0.97 Mil).

Versarien's annual accounts payable & accrued expense increased from Mar. 2021 (£1.80 Mil) to Mar. 2022 (£2.53 Mil) but then declined from Mar. 2022 (£2.53 Mil) to Sep. 2023 (£0.97 Mil).

Versarien Accounts Payable & Accrued Expense Historical Data

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

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

Accounts Payable & Accrued Expense

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1.23

1.80

2.53

0.97

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.80	3.16	2.53	2.18	0.97

Versarien 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.

Versarien (LSE:VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.