VerticalScope Holdings (TSX:FORA) Accounts Payable & Accrued Expense : C$7.77 Mil (As of Dec. 2023)

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What is VerticalScope Holdings Accounts Payable & Accrued Expense?

VerticalScope Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$8.27 Mil) to Sep. 2023 (C$6.92 Mil) but then increased from Sep. 2023 (C$6.92 Mil) to Dec. 2023 (C$7.77 Mil).

VerticalScope Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (C$14.11 Mil) to Dec. 2022 (C$12.07 Mil) and declined from Dec. 2022 (C$12.07 Mil) to Dec. 2023 (C$7.77 Mil).

VerticalScope Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for VerticalScope Holdings'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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VerticalScope Holdings Accounts Payable & Accrued Expense Chart

VerticalScope Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.01

5.70

14.11

12.07

7.77

VerticalScope Holdings Quarterly Data
	Dec18	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													12.07	8.33	8.27	6.92	7.77

VerticalScope Holdings 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.

VerticalScope Holdings (TSX:FORA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » VerticalScope Holdings Inc (TSX:FORA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

VTCHF:USA

Address

111 Peter Street, Suite 600, Toronto, ON, CAN, M5V 2H1

Website

http://www.verticalscope.com

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.