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TAT Technologies (TAT Technologies) Accounts Payable & Accrued Expense : $18.3 Mil (As of Dec. 2023)


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What is TAT Technologies Accounts Payable & Accrued Expense?

TAT Technologies's quarterly accounts payable & accrued expense increased from Jun. 2023 ($18.8 Mil) to Sep. 2023 ($19.4 Mil) but then declined from Sep. 2023 ($19.4 Mil) to Dec. 2023 ($18.3 Mil).

TAT Technologies's annual accounts payable & accrued expense increased from Dec. 2021 ($14.1 Mil) to Dec. 2022 ($16.9 Mil) and increased from Dec. 2022 ($16.9 Mil) to Dec. 2023 ($18.3 Mil).

TAT Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for TAT 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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TAT Technologies Accounts Payable & Accrued Expense Chart

TAT Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.47 17.40 14.07 16.90 18.31

TAT Technologies 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 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 16.90 18.51 18.83 19.45 18.31

TAT 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.

TAT Technologies (TAT Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TAT Technologies Ltd (NAS:TATT) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
TATT:Israel
Address
Hamelacha 5, Netanya, ISR, 4250540
Website
https://www.tat-technologies.com
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.