Volatus Aerospace (Volatus Aerospace) Accounts Payable & Accrued Expense : $3.30 Mil (As of Dec. 2023)

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What is Volatus Aerospace Accounts Payable & Accrued Expense?

Volatus Aerospace's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2.94 Mil) to Sep. 2023 ($3.41 Mil) but then declined from Sep. 2023 ($3.41 Mil) to Dec. 2023 ($3.30 Mil).

Volatus Aerospace's annual accounts payable & accrued expense increased from Dec. 2021 ($1.92 Mil) to Dec. 2022 ($2.50 Mil) and increased from Dec. 2022 ($2.50 Mil) to Dec. 2023 ($3.30 Mil).

Volatus Aerospace Accounts Payable & Accrued Expense Historical Data

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

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.09

1.92

2.50

3.30

Volatus Aerospace Quarterly Data
	Dec19	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											2.50	2.58	2.94	3.41	3.30

Volatus Aerospace 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.

Volatus Aerospace (Volatus Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Corp (OTCPK:VLTTF) » Definitions » Accounts Payable & Accrued Expense

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VOL:Canada

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Corp is a provider of integrated drone solutions. It offers a range of solutions and services throughout Canada, the United States, Latin America, and Europe for civilian and military applications, including system and vehicle sales, service and training; aerial inspection and imaging services; data processing and management; system design engineering, research and development, manufacture, and testing.