Mitek Systems (FRA:MKQ) Accounts Payable & Accrued Expense : €16.4 Mil (As of Dec. 2023)

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What is Mitek Systems Accounts Payable & Accrued Expense?

Mitek Systems's quarterly accounts payable & accrued expense declined from Jun. 2023 (€27.0 Mil) to Sep. 2023 (€21.3 Mil) and declined from Sep. 2023 (€21.3 Mil) to Dec. 2023 (€16.4 Mil).

Mitek Systems's annual accounts payable & accrued expense increased from Sep. 2021 (€12.5 Mil) to Sep. 2022 (€16.8 Mil) and increased from Sep. 2022 (€16.8 Mil) to Sep. 2023 (€21.3 Mil).

Mitek Systems Accounts Payable & Accrued Expense Historical Data

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

Mitek Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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10.43

10.86

12.55

16.84

21.34

Mitek Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															18.72	22.34	26.99	21.34	16.40

Mitek 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.

Mitek Systems (FRA:MKQ) Business Description

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

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MITK:USA

Address

600 B Street, Suite 100, San Diego, CA, USA, 92101

Website

https://www.miteksystems.com

Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

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