Veris (ASX:VRS) Accounts Payable & Accrued Expense : A$4.84 Mil (As of Dec. 2024)

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What is Veris Accounts Payable & Accrued Expense?

Veris's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$7.09 Mil) to Jun. 2024 (A$9.55 Mil) but then declined from Jun. 2024 (A$9.55 Mil) to Dec. 2024 (A$4.84 Mil).

Veris's annual accounts payable & accrued expense declined from Jun. 2022 (A$9.52 Mil) to Jun. 2023 (A$7.23 Mil) but then increased from Jun. 2023 (A$7.23 Mil) to Jun. 2024 (A$9.55 Mil).

Veris Accounts Payable & Accrued Expense Historical Data

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

Veris Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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13.84

12.58

9.52

7.23

9.55

Veris Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.37	7.23	7.09	9.55	4.84

Veris 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.

Veris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Veris Ltd (ASX:VRS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

41 Bishop Street, Jolimont, WA, AUS, 6017

Website

https://www.veris.com.au

Veris Ltd provides surveying, professional and advisory, and geospatial services in Australia. It has only one operating segment, being a fully integrated digital and spatial data advisory and consulting firm with a national footprint servicing extensive metropolitan and regional centers across Australia. It provides services to both private and public sector clients across the infrastructure, property, resources, utilities, government, and defense sectors. Its impressive client list includes Australia's pre-eminent property groups such as Stockland, Mirvac, and Lendlease, blue chip mining companies such as BHP and Rio Tinto, as well as a host of considerable Engineering consultancies, Tier-one contractors, and Government agencies.