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Visionary Holdings (Visionary Holdings) Accounts Payable & Accrued Expense : $6.11 Mil (As of Sep. 2023)


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What is Visionary Holdings Accounts Payable & Accrued Expense?

Visionary Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 ($15.60 Mil) to Mar. 2023 ($9.47 Mil) and declined from Mar. 2023 ($9.47 Mil) to Sep. 2023 ($6.11 Mil).

Visionary Holdings's annual accounts payable & accrued expense increased from Mar. 2021 ($3.78 Mil) to Mar. 2022 ($12.00 Mil) but then declined from Mar. 2022 ($12.00 Mil) to Mar. 2023 ($9.47 Mil).


Visionary Holdings Accounts Payable & Accrued Expense Historical Data

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

Visionary Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
5.17 3.78 12.00 9.47

Visionary Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 5.48 12.00 15.60 9.47 6.11

Visionary 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.


Visionary Holdings (Visionary Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2
Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.