Vuzix (LTS:0LRL) Accounts Payable & Accrued Expense : $2.81 Mil (As of Mar. 2024)

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What is Vuzix Accounts Payable & Accrued Expense?

Vuzix's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2.75 Mil) to Dec. 2023 ($4.03 Mil) but then declined from Dec. 2023 ($4.03 Mil) to Mar. 2024 ($2.81 Mil).

Vuzix's annual accounts payable & accrued expense declined from Dec. 2021 ($3.59 Mil) to Dec. 2022 ($3.10 Mil) but then increased from Dec. 2022 ($3.10 Mil) to Dec. 2023 ($4.03 Mil).

Vuzix Accounts Payable & Accrued Expense Historical Data

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

Vuzix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.97

2.61

3.59

3.10

4.03

Vuzix Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.76	2.79	2.75	4.03	2.81

Vuzix 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.

Vuzix (LTS:0LRL) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vuzix Corp (LTS:0LRL) » Definitions » Accounts Payable & Accrued Expense

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VUZI:USA V7XN:Germany

Address

25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586

Website

https://www.vuzix.com

Vuzix Corp is engaged in design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays in the form of Smart Glasses and Augmented Reality glasses. Geographically, the company generates majority of the revenue from United States and also has its presence in Europe, Asia-Pacific and Others.

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