XR Immersive Tech (XCNQ:VRAI) Accounts Payable & Accrued Expense : C$1.55 Mil (As of Sep. 2023)

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What is XR Immersive Tech Accounts Payable & Accrued Expense?

XR Immersive Tech's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$1.15 Mil) to Jun. 2023 (C$1.23 Mil) and increased from Jun. 2023 (C$1.23 Mil) to Sep. 2023 (C$1.55 Mil).

XR Immersive Tech's annual accounts payable & accrued expense increased from Dec. 2020 (C$0.33 Mil) to Dec. 2021 (C$1.43 Mil) but then declined from Dec. 2021 (C$1.43 Mil) to Dec. 2022 (C$1.06 Mil).

XR Immersive Tech Accounts Payable & Accrued Expense Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech Accounts Payable & Accrued Expense Chart

XR Immersive Tech Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.33

1.43

1.06

XR Immersive Tech Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								2.39	1.06	1.15	1.23	1.55

XR Immersive Tech 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.

XR Immersive Tech (XCNQ:VRAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XR Immersive Tech Inc (XCNQ:VRAI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FNTTF:USA 79W:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.immersivetech.co

XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines

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