ACHR (Archer Aviation) Accounts Payable & Accrued Expense : $58.90 Mil (As of Sep. 2024)

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What is Archer Aviation Accounts Payable & Accrued Expense?

Archer Aviation's quarterly accounts payable & accrued expense increased from Mar. 2024 ($50.10 Mil) to Jun. 2024 ($60.10 Mil) but then declined from Jun. 2024 ($60.10 Mil) to Sep. 2024 ($58.90 Mil).

Archer Aviation's annual accounts payable & accrued expense increased from Dec. 2021 ($12.50 Mil) to Dec. 2022 ($31.40 Mil) and increased from Dec. 2022 ($31.40 Mil) to Dec. 2023 ($90.80 Mil).

Archer Aviation Accounts Payable & Accrued Expense Historical Data

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

Archer Aviation Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.10

12.50

31.40

90.80

Archer Aviation Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												94.90	90.80	50.10	60.10	58.90

Archer Aviation 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.

Archer Aviation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Archer Aviation Inc (NYSE:ACHR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

190 West Tasman Drive, San Jose, CA, USA, 95134

Website

https://www.archer.com

Archer Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.

Executives

Tosha Perkins	officer: Chief People Officer	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Deborah Diaz	director	6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Adam D Goldstein	director, officer: Co-Chief Executive Officer	C/O ARCHER AVIATION INC., 190 TASMAN DRIVE, SAN JOSE CA 95134
N.v. Stellantis	10 percent owner	TAURUSAVENUE 1, HOOFDDORP P7 2132LS
Andy Missan	officer: Chief Legal Officer	C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Thomas Paul Muniz	officer: Chief Operating Officer	C/O ARCHE AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Fca Foreign Sales Holdco Ltd.	10 percent owner	PINLEY HOUSE, 2 SUNBEAM WAY, CONVENTRY, WEST MIDLANDS X0 CV3 1ND
Sfs Uk 1 Ltd.	10 percent owner	PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, WEST MIDLANDS X0 CV3 1ND
Fca Italy S.p.a.	10 percent owner	CORSO GIOVANNI AGNELLI 200, TURIN L6 10135
Fca North America Holdings Llc	10 percent owner	1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Fca Us Llc	10 percent owner	1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Brett Adcock	10 percent owner	C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Michael Spellacy	director	399 PARK AVENUE, NEW YORK NY 10022
Mark Mesler	officer: Chief Financial Officer	C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Fred M Diaz	director	9614 AMALFI CT, BRENTWOOD TN 37027