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POSAF (POSaBIT Systems) Accounts Payable & Accrued Expense : $3.43 Mil (As of Mar. 2025)


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What is POSaBIT Systems Accounts Payable & Accrued Expense?

POSaBIT Systems's quarterly accounts payable & accrued expense declined from Sep. 2024 ($4.36 Mil) to Dec. 2024 ($3.62 Mil) and declined from Dec. 2024 ($3.62 Mil) to Mar. 2025 ($3.43 Mil).

POSaBIT Systems's annual accounts payable & accrued expense increased from Dec. 2022 ($2.73 Mil) to Dec. 2023 ($3.27 Mil) and increased from Dec. 2023 ($3.27 Mil) to Dec. 2024 ($3.62 Mil).


POSaBIT Systems Accounts Payable & Accrued Expense Historical Data

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

POSaBIT Systems Annual Data
Trend Oct17 Oct18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 5.35 5.87 2.73 3.27 3.62

POSaBIT Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.95 4.36 3.62 3.43

POSaBIT 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.


POSaBIT Systems Business Description

Industry
Traded in Other Exchanges
Address
4786 1st Avenue S, Suite 102, Seattle, WA, USA, 98005
POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The company earns revenue from Payment services, Point-of-Sale (POS) Services, License of technology, and Support services related to its sale of license. The company also earns revenue from rental and sale of hardware related to its payment and POS services.