VRSSD (VERSES AI) Accounts Payable & Accrued Expense : $3.16 Mil (As of Dec. 2024)

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What is VERSES AI Accounts Payable & Accrued Expense?

VERSES AI's quarterly accounts payable & accrued expense declined from Jun. 2024 ($4.64 Mil) to Sep. 2024 ($3.98 Mil) and declined from Sep. 2024 ($3.98 Mil) to Dec. 2024 ($3.16 Mil).

VERSES AI's annual accounts payable & accrued expense increased from Mar. 2023 ($1.25 Mil) to Mar. 2024 ($2.87 Mil) but then declined from Mar. 2024 ($2.87 Mil) to Mar. 2025 ($2.08 Mil).

VERSES AI Accounts Payable & Accrued Expense Historical Data

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

VERSES AI Annual Data

Trend

Mar22

Mar23

Mar24

Mar25

Accounts Payable & Accrued Expense

0.62

1.25

2.87

2.08

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											2.87	4.64	3.98	3.16	2.08

VERSES AI 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.

VERSES AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSD) » Definitions » Accounts Payable & Accrued Expense

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M13:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, its flagship product, Genius, is a suite of tools for machine learning researchers and engineers to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature.