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Veritone (LTS:0LP5) Accounts Payable & Accrued Expense : $140.8 Mil (As of Mar. 2024)


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What is Veritone Accounts Payable & Accrued Expense?

Veritone's quarterly accounts payable & accrued expense declined from Sep. 2023 ($159.1 Mil) to Dec. 2023 ($151.4 Mil) and declined from Dec. 2023 ($151.4 Mil) to Mar. 2024 ($140.8 Mil).

Veritone's annual accounts payable & accrued expense increased from Dec. 2021 ($160.7 Mil) to Dec. 2022 ($164.1 Mil) but then declined from Dec. 2022 ($164.1 Mil) to Dec. 2023 ($151.4 Mil).


Veritone Accounts Payable & Accrued Expense Historical Data

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

Veritone Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 50.66 81.75 160.73 164.10 151.40

Veritone 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 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 148.55 134.43 159.06 151.40 140.85

Veritone 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.


Veritone (LTS:0LP5) Business Description

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Address
2420 17th Street, Office 3002, Denver, CO, USA, 80202
Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. The company generates revenue through the delivery of its 1) Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, 2) Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. The company has a presence in the United States and Israel.

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