Gilattellite Networks (Gilattellite Networks) Accounts Payable & Accrued Expense : $79.8 Mil (As of Dec. 2023)

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What is Gilattellite Networks Accounts Payable & Accrued Expense?

Gilattellite Networks's quarterly accounts payable & accrued expense increased from Jun. 2023 ($57.8 Mil) to Sep. 2023 ($59.4 Mil) and increased from Sep. 2023 ($59.4 Mil) to Dec. 2023 ($79.8 Mil).

Gilattellite Networks's annual accounts payable & accrued expense increased from Dec. 2021 ($80.6 Mil) to Dec. 2022 ($84.2 Mil) but then declined from Dec. 2022 ($84.2 Mil) to Dec. 2023 ($79.8 Mil).

Gilattellite Networks Accounts Payable & Accrued Expense Historical Data

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

Gilattellite Networks Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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86.90

115.88

80.57

84.18

79.80

Gilattellite Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															84.18	68.90	57.75	59.42	79.80

Gilattellite Networks 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.

Gilattellite Networks (Gilattellite Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gilat Satellite Networks Ltd (NAS:GILT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GILT:Israel GSA:Germany

Address

21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020

Website

https://www.gilat.com

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.