Kornit Digital (Kornit Digital) Accounts Payable & Accrued Expense : $24.9 Mil (As of Mar. 2024)

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What is Kornit Digital Accounts Payable & Accrued Expense?

Kornit Digital's quarterly accounts payable & accrued expense declined from Sep. 2023 ($32.8 Mil) to Dec. 2023 ($24.7 Mil) but then increased from Dec. 2023 ($24.7 Mil) to Mar. 2024 ($24.9 Mil).

Kornit Digital's annual accounts payable & accrued expense declined from Dec. 2021 ($54.7 Mil) to Dec. 2022 ($32.8 Mil) and declined from Dec. 2022 ($32.8 Mil) to Dec. 2023 ($24.7 Mil).

Kornit Digital Accounts Payable & Accrued Expense Historical Data

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

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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27.10

39.55

54.70

32.83

24.67

Kornit Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															41.96	38.12	32.84	24.67	24.95

Kornit Digital 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.

Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.