VIQ Solutions (TSX:VQS) Accounts Payable & Accrued Expense : C$10.01 Mil (As of Sep. 2023)

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What is VIQ Solutions Accounts Payable & Accrued Expense?

VIQ Solutions's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$8.49 Mil) to Jun. 2023 (C$9.47 Mil) and increased from Jun. 2023 (C$9.47 Mil) to Sep. 2023 (C$10.01 Mil).

VIQ Solutions's annual accounts payable & accrued expense increased from Dec. 2020 (C$7.05 Mil) to Dec. 2021 (C$7.40 Mil) and increased from Dec. 2021 (C$7.40 Mil) to Dec. 2022 (C$8.13 Mil).

VIQ Solutions Accounts Payable & Accrued Expense Historical Data

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

VIQ Solutions Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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5.99

4.75

7.05

7.40

8.13

VIQ Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.99	8.13	8.49	9.47	10.01

VIQ Solutions 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.

VIQ Solutions (TSX:VQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VIQ Solutions Inc (TSX:VQS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VQSSF:USA

Address

5915 Airport Road, Suite 700, Mississauga, ON, CAN, L4V 1T1

Website

https://www.viqsolutions.com

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United Kingdom, Canada, the United States, and internationally. The reportable segments of the company are technology and related revenue which develops, distributes, and licenses computer-based digital solutions, and the technology services which provide recording and transcription services.

Executives

Yixin (shing) Pan

Director

VIQ Solutions (TSX:VQS) Headlines

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