ARHT Media (FRA:VE3P) Accounts Payable & Accrued Expense : €1.83 Mil (As of Sep. 2023)

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What is ARHT Media Accounts Payable & Accrued Expense?

ARHT Media's quarterly accounts payable & accrued expense increased from Mar. 2023 (€1.66 Mil) to Jun. 2023 (€1.85 Mil) but then declined from Jun. 2023 (€1.85 Mil) to Sep. 2023 (€1.83 Mil).

ARHT Media's annual accounts payable & accrued expense increased from Dec. 2020 (€0.54 Mil) to Dec. 2021 (€1.48 Mil) and increased from Dec. 2021 (€1.48 Mil) to Dec. 2022 (€1.96 Mil).

ARHT Media Accounts Payable & Accrued Expense Historical Data

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

ARHT Media Annual Data

Trend

Jan13

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Dec19

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Dec22

Accounts Payable & Accrued Expense

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2.03

0.90

0.54

1.48

1.96

ARHT Media Quarterly Data
	Oct18	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															1.75	1.96	1.66	1.85	1.83

ARHT Media 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.

ARHT Media (FRA:VE3P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARHT Media Inc (FRA:VE3P) » Definitions » Accounts Payable & Accrued Expense

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ARHTF:USA ART:Canada

Address

195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9

Website

https://www.arhtmedia.com

ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.

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