AICOF (Generative AI Solutions) Accounts Payable & Accrued Expense : $0.09 Mil (As of Apr. 2024)

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What is Generative AI Solutions Accounts Payable & Accrued Expense?

Generative AI Solutions's quarterly accounts payable & accrued expense declined from Oct. 2023 ($0.16 Mil) to Jan. 2024 ($0.08 Mil) but then increased from Jan. 2024 ($0.08 Mil) to Apr. 2024 ($0.09 Mil).

Generative AI Solutions's annual accounts payable & accrued expense declined from Feb. 2022 ($0.49 Mil) to Jan. 2023 ($0.13 Mil) and declined from Jan. 2023 ($0.13 Mil) to Jan. 2024 ($0.08 Mil).

Generative AI Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Generative AI Solutions'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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Generative AI Solutions Accounts Payable & Accrued Expense Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Accounts Payable & Accrued Expense

0.49

0.13

0.08

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										2.35	0.43	0.16	0.08	0.09

Generative AI Solutions 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.

Generative AI Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.