Research Solutions (FRA:61I) Accounts Payable & Accrued Expense : €8.29 Mil (As of Mar. 2024)

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What is Research Solutions Accounts Payable & Accrued Expense?

Research Solutions's quarterly accounts payable & accrued expense increased from Sep. 2023 (€8.00 Mil) to Dec. 2023 (€8.13 Mil) and increased from Dec. 2023 (€8.13 Mil) to Mar. 2024 (€8.29 Mil).

Research Solutions's annual accounts payable & accrued expense increased from Jun. 2021 (€5.55 Mil) to Jun. 2022 (€6.25 Mil) and increased from Jun. 2022 (€6.25 Mil) to Jun. 2023 (€7.46 Mil).

Research Solutions Accounts Payable & Accrued Expense Historical Data

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

Research Solutions Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

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Jun23

Accounts Payable & Accrued Expense

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4.30

5.64

5.55

6.25

7.46

Research Solutions 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															7.19	7.46	8.00	8.13	8.29

Research Solutions 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.

Research Solutions (FRA:61I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Research Solutions Inc (FRA:61I) » Definitions » Accounts Payable & Accrued Expense

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RSSS:USA

Address

10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052

Website

https://www.researchsolutions.com

Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.

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