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Virtual Interactive Technologies (Virtual Interactive Technologies) Accounts Payable & Accrued Expense : $0.45 Mil (As of Sep. 2023)


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What is Virtual Interactive Technologies Accounts Payable & Accrued Expense?

Virtual Interactive Technologies's quarterly accounts payable & accrued expense increased from Mar. 2023 ($0.39 Mil) to Jun. 2023 ($0.46 Mil) but then declined from Jun. 2023 ($0.46 Mil) to Sep. 2023 ($0.45 Mil).

Virtual Interactive Technologies's annual accounts payable & accrued expense increased from Sep. 2021 ($0.04 Mil) to Sep. 2022 ($0.29 Mil) and increased from Sep. 2022 ($0.29 Mil) to Sep. 2023 ($0.45 Mil).

Virtual Interactive Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Virtual Interactive Technologies'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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Virtual Interactive Technologies Accounts Payable & Accrued Expense Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.02 0.04 0.29 0.45

Virtual Interactive Technologies Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.34 0.39 0.46 0.45

Virtual Interactive Technologies 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.

Virtual Interactive Technologies (Virtual Interactive Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Virtual Interactive Technologies Corp (OTCPK:VRVR) » Definitions » Accounts Payable & Accrued Expense
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DROR FRZT NFTG MGAM WINR MSGM GDC GIGM ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555 BILI
Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Website
https://www.vrvrcorp.com
Virtual Interactive Technologies Corp offers expertise in developing solutions, publishing, and marketing video game products and is actively involved in the early stages of Virtual Reality/Augmented Reality game development. The revenue is generated from the royalty interest in five games, Carmageddon Max Damage, Carmageddon Crashers, Catch and Release, Interplanetary: Enhanced Edition, and Worbital. These games are distributed world-wide on various gaming platforms including Sony PlayStation, Xbox, Steam, and Oculus among others.