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SoundHound AI (SoundHound AI) Accounts Payable & Accrued Expense : $11.83 Mil (As of Mar. 2024)


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What is SoundHound AI Accounts Payable & Accrued Expense?

SoundHound AI's quarterly accounts payable & accrued expense increased from Sep. 2023 ($6.42 Mil) to Dec. 2023 ($10.19 Mil) and increased from Dec. 2023 ($10.19 Mil) to Mar. 2024 ($11.83 Mil).

SoundHound AI's annual accounts payable & accrued expense declined from Dec. 2021 ($9.99 Mil) to Dec. 2022 ($6.52 Mil) but then increased from Dec. 2022 ($6.52 Mil) to Dec. 2023 ($10.19 Mil).


SoundHound AI Accounts Payable & Accrued Expense Historical Data

The historical data trend for SoundHound 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.

* Premium members only.

SoundHound AI Accounts Payable & Accrued Expense Chart

SoundHound AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
7.01 9.99 6.52 10.19

SoundHound AI Quarterly Data
Dec20 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 5.02 7.53 6.42 10.19 11.83

SoundHound 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.


SoundHound AI (SoundHound AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
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Address
5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
Executives
Timothy Stonehocker officer: Chief Technology Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek officer: Chief Operating Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus director 2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan officer: Chief Financial Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer director, 10 percent owner, officer: CEO 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami 10 percent owner, officer: VP, Engineering 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom director, officer: VP, Products 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka director 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball director C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani officer: Chief Revenue Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon director, 10 percent owner, officer: Chief Executive Officer 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards director 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan officer: Chief Operating Officer 38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129