Air T (AIRTW) Accounts Payable & Accrued Expense : $24.81 Mil (As of Dec. 2023)

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What is Air T Accounts Payable & Accrued Expense?

Air T's quarterly accounts payable & accrued expense increased from Jun. 2023 ($22.35 Mil) to Sep. 2023 ($23.84 Mil) and increased from Sep. 2023 ($23.84 Mil) to Dec. 2023 ($24.81 Mil).

Air T's annual accounts payable & accrued expense increased from Mar. 2021 ($19.92 Mil) to Mar. 2022 ($20.03 Mil) and increased from Mar. 2022 ($20.03 Mil) to Mar. 2023 ($21.33 Mil).

Air T Accounts Payable & Accrued Expense Historical Data

The historical data trend for Air T'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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Air T Accounts Payable & Accrued Expense Chart

Air T Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

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Mar23

Accounts Payable & Accrued Expense

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24.95

22.17

19.92

20.03

21.33

Air T 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															19.85	21.33	22.35	23.84	24.81

Air T 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.

Air T (AIRTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air T Inc (NAS:AIRTW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AIRTP.PFD:USA AIRT:USA GXT:Germany

Address

11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262

Website

https://www.airt.net

Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.