PowerFleet (JSE:PWR) Accounts Payable & Accrued Expense : R410 Mil (As of Dec. 2023)

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What is PowerFleet Accounts Payable & Accrued Expense?

PowerFleet's quarterly accounts payable & accrued expense increased from Jun. 2023 (R298 Mil) to Sep. 2023 (R353 Mil) and increased from Sep. 2023 (R353 Mil) to Dec. 2023 (R410 Mil).

PowerFleet's annual accounts payable & accrued expense declined from Dec. 2021 (R315 Mil) to Dec. 2022 (R288 Mil) but then increased from Dec. 2022 (R288 Mil) to Dec. 2023 (R410 Mil).

PowerFleet Accounts Payable & Accrued Expense Historical Data

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

PowerFleet Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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253.08

192.33

315.10

288.47

410.50

PowerFleet 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															288.47	327.52	297.82	352.78	410.50

PowerFleet 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.

PowerFleet (JSE:PWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerFleet Inc (JSE:PWR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PWFL:USA PWFL:Israel 3LO:Germany

Address

123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677

Website

https://www.powerfleet.com

PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.